Nasdaq-listed Bitcoin mining firm BitFuFu reported today that it produced 214 BTC in March while selling 80 BTC from its treasury. Total holdings have dropped to 1,794 BTC, valued at approximately $131 million at current market prices.
BitFuFu first disclosed its Bitcoin holdings in late 2024 at 1,664 BTC, which later rose to a peak of 1,959 BTC in October 2025 before declining.
The company’s chief executive Leo Lu said the sale was in line with its balance sheet management strategy. He noted that the firm maintains its “long-term objective of increasing our Bitcoin holdings.”
BitFuFu is still among the world’s largest public companies holding BTC.
As for operations, BitFuFu reported that total hashrate edged lower to 25.9 EH/s and power capacity to 457 MW as older rigs were phased out, while overall performance remained stable.
Cloud mining delivered 171 BTC of total production, and BitFuFu noted that its platform is well suited to capitalizing on shifting market dynamics, including volatility in network difficulty and Bitcoin pricing.
“We plan to refresh this capacity over time with newer, more energy-efficient equipment. Month-to-month changes in hashrate from third-party suppliers and hosting customers were immaterial and consistent with normal operating variability,” Lu stated.
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