BitFuFu Inc. (NASDAQ: FUFU), a global leader in Bitcoin mining and mining services innovation, has released its unaudited Bitcoin production and operational metrics for April 2026. As of April 30, 2026, the company managed a total hashrate of 22.4 EH/s, produced 145 BTC, operated 404 MW of total power capacity, and achieved an average fleet efficiency of 18.1 J/TH.
Operational Highlights for April 2026
The company faced two significant headwinds during the month: an unexpected power outage at its Ethiopia facility and a deliberate reduction in third-party hashrate procurement. These factors impacted monthly production figures. However, self-owned hashrate remained steady at 3.3 EH/s, and the average cash-based self-mining cost per BTC was approximately $59,000.
CEO Commentary
Leo Lu, Chairman and CEO of BitFuFu, stated: “April presented us with two distinct headwinds: an unexpected power outage at our Ethiopia facility and a deliberate recalibration of our third-party hashrate procurement, which weighed on our monthly production figures. Importantly, this reflects disciplined decision-making, not structural weakness. Our self-owned hashrate held steady at 3.3 EH/s, and our average cash-based self-mining cost per BTC in April was approximately $59,000.”
Lu added: “On procurement, we chose not to renew certain third-party contracts where economics would have pressured margins given April’s Bitcoin price environment. Preserving profitability is a strategic priority, and we will not pursue hashrate growth at the expense of unit economics.”
Bitcoin Holdings and Production
Bitcoin holdings increased to 1,812 BTC, up 18 BTC from March 31, 2026. Total Bitcoin production was 145 BTC, comprising 113 BTC from cloud mining and 32 BTC from self-mining. The month-over-month decline was primarily due to the power outage at the Ethiopia facility and lower third-party hashrate procurement after contract expirations, as the company adjusted purchasing levels to maintain profitability amid April’s Bitcoin price environment.
Hashrate Overview
- Total Hashrate Under Management: 22.4 EH/s, a decrease of 13.5% month-over-month.
- Self-Owned Hashrate: 3.3 EH/s.
- Hashrate from Third-Party Suppliers and Hosting Customers: 19.1 EH/s.
- Average Fleet Efficiency: 18.1 J/TH.
Power and Infrastructure
Total power capacity under management was 404 MW, a decrease of 11.6% month-over-month.
Future Outlook
The Ethiopia facility has been operating under improved power conditions since May 2. As market conditions improve, the company believes it is well-positioned to scale its managed hashrate when opportunities meet return thresholds. BitFuFu continues to add to its Bitcoin holdings, reflecting confidence in Bitcoin as a long-term store of value. The company enters May with operational clarity, a stronger balance sheet, and flexibility to accelerate growth when the risk-reward balance is favorable.
About BitFuFu Inc.
BitFuFu Inc. is a world-leading Bitcoin miner and mining services innovator, dedicated to empowering the global Bitcoin network through its industry-leading cloud mining platform, rapidly scaling infrastructure, and innovative mining services.
