Bitfufu Produced 227 BTC in February 2026

Bitcoin mining company Bitfufu released its operational update for February 2026. According to the report, the company produced 227 BTC during the month. The result was slightly lower than January production. In January, Bitfufu mined 229 BTC.

However, the company improved its daily mining efficiency. Average production rose to 8.1 BTC per day. The previous month showed about 7.4 BTC per day. Thus, operational efficiency improved despite a small decline in total production.

Most of the Bitcoin output came from cloud mining operations. This segment generated 190 BTC during the month. Self-mining activities produced another 37 BTC.

Bitfufu continues to operate a hybrid mining model. The company combines cloud mining services with its own mining infrastructure. This approach helps the firm adjust to changing market conditions.

Bitfufu Hashrate and Financial Position

At the end of February, Bitfufu’s total managed hashrate reached 26.4 EH/s. This represents a 10.8% decline compared with January. However, the figure increased by 28.2% year over year.

The company’s hashrate structure includes:

• 3.6 EH/s of self-owned mining capacity;
• 22.8 EH/s from hosting clients and third-party providers.

Average fleet efficiency stood at about 17.5 J/TH. Total managed power capacity declined to 463 megawatts.

Bitfufu CEO Leo Lu explained that the hashrate reduction reflects a deliberate strategy. The company aims to avoid long-term contracts with low margins. Such agreements become less attractive during periods of weaker Bitcoin prices. Therefore, Bitfufu is adjusting its contract structure and infrastructure deployment.

The cloud mining segment remains profitable and generates positive cash flow. This helps the company manage market volatility. As of February 28, 2026, Bitfufu held 1,830 BTC in its treasury. This represents an increase of 34 BTC from the end of January.

The company’s reserves include:

• 476 BTC pledged as collateral for loans and equipment obligations;
• about $40 million in cash, cash equivalents, and stablecoins.

Bitfufu also reduced its outstanding balance on a $100 million credit line. The remaining balance now stands at $15 million. In September 2025, the amount was $40 million. Long-term accounts payable were approximately $94 million at the end of 2025.

Overall, Bitfufu continues to optimize its capital structure and liquidity. The company is focusing on flexible Bitcoin mining operations and cloud mining services.

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