BitFuFu's 2025 mining of 3,662 BTC and the financial strategy adjustments behind the record-high holding scale

BitFuFu released its 2025 operational data on January 7. Behind the annual mining achievements and the growth in coin holdings lies the company’s strategic adjustment as a cloud computing and self-operated mining dual-engine company. Against the backdrop of Bitcoin prices remaining high, the company not only achieved stable mining output but also made significant moves to optimize its financial structure.

Double Growth in Mining Performance and Coin Holdings

As of December 31, 2025, BitFuFu held 1,780 Bitcoins, an increase of 16 from the previous period. This reflects the company’s ongoing efforts to build Bitcoin asset reserves. More importantly, the company mined a total of 3,662 Bitcoins throughout the year, demonstrating its stable production capacity in mining operations.

Looking at the December monthly data, the company produced 188 Bitcoins that month, with 151 from cloud computing mining and 37 from self-operated mining. This ratio is quite interesting—cloud computing accounts for about 80%, indicating that the company’s business model has shifted from purely self-operated mining to providing computing power services to clients.

Signals of Coin Holding Structure Optimization

Notably, BitFuFu’s staked Bitcoin decreased from a higher previous level to 274 Bitcoins. This change may seem simple but reflects the company’s proactive adjustment to financial flexibility.

Reducing the scale of staked Bitcoins means:

• Improved liquidity on the company’s balance sheet
• Increased Bitcoins available for other strategic uses
• Reduced reliance on staking yields, placing more emphasis on Bitcoin’s appreciation potential

With Bitcoin prices remaining high (current trading price around $91,987), this move indicates the company’s confidence in Bitcoin’s continued appreciation.

Operational Efficiency and Hashrate Scale

From the operational data, BitFuFu’s managed hashrate reached 26.1 EH/s, with a managed power capacity of 478 MW, and an average miner efficiency of 18.3 J/TH. These indicators reflect the company’s investment and operational level in mining infrastructure.

Maintaining both hashrate and power capacity, along with stable miner efficiency, shows that the company remains competitive in cost control and technological capabilities in mining operations.

Maturity of Business Model

Looking at the composition of mining output, cloud computing services have become the company’s main revenue source. This reflects the evolution of BitFuFu’s business model: shifting from self-operated mining to providing computing power services to clients. The advantage of this model is generating relatively stable cash flow through service fees, while also increasing Bitcoin assets through self-mining.

Summary

BitFuFu’s 2025 operational results demonstrate the company’s stable performance in the mining industry. The total of 3,662 Bitcoins mined, growth in coin holdings, and optimization of staking structure paint a picture of a healthier financial position and a clearer strategic direction.

The key point is: the company is transitioning from pursuing mining volume to focusing on asset quality, shifting from reliance on a single self-operated business to a diversified business model. In 2026, when Bitcoin market enthusiasm remains high, it is easy to understand BitFuFu’s optimistic outlook for the future.