BitFuFu is an online cloud Bitcoin mining service based in Singapore. It has reported its best production month of the year. The company attributes this to their expanded fleet.
BitFuFu said On Monday, the company reported that it had mined 445 Bitcoins in June. This represents an increase of 11.3% from one month to another. According to the company, 387 Bitcoin were mined in June. This represents an increase of 11.3% month-over-month.BTC) came from cloud mining and 58 from self-mining.
Leo Lu is the chairman and CEO at BitFuFu. He said that June was its best month. “most productive month of 2025,” He attributes it to him “continued expansion of our mining fleet.”
BitFuFu announced in January that it had signed an agreement with a two-year agreement with mining hardware giant Bitmain Up to 80,000 Bitcoin mining machines can be purchased.
BitFuFu has currently held 1,792 Bitcoin. worth Over $193 Million More than $193 Million comparisonThe second largest mining firm is Riot Platforms with 19,225 Bitcoins. CleanSpark ranks third, holding 12,608. Riot Platforms is second with 19,225 and CleanSpark the third largest mining company, has 12,608.
BitFuFu’s hashrate spikes
BitFuFu hashrate increased by 6.2% to 36.2. exa hash per second (32.4 EH/s), which is the measurement of computation power, comes from customers and suppliers.
Mining firms increased their power generation capacity by an additional 11.8% per month, reaching 728 megawatts in five continents.
“Reaching record levels of 36.2 EH/s in hashrate and 728 MW in power capacity, we’re proud of the strong operational momentum in the first half of the year, which reflects our ability to scale effectively and execute with discipline,” Lu said.
BitFuFu share price rises slightly
BitFuFu’s (FUFU) shares closed trading on Monday up 1.16%, closing at $3.48. Stock price of BitFuFu (FUFU) has increased by 8.82% over the past five days.
BitFuFu’s shares soared by 13% in January to $5.60, thanks to a two-year contract with Bitmain.
Meanwhile, other miners’ stocks surged Last Thursday, the US market closed early ahead of Independence Day weekend.
The shares of Riot Platforms, Hive Digital, Hut 8 and MARA Holdings all grew between 13%-28% during the final four trading sessions prior to the holidays.
In June, Bitcoin miners had a mixed bag.
Bitcoin mining companies reported lowered Bitcoin production in JuneRiot Platforms reports a 14% decline in sales in May. This is primarily due to Texas power cuts.
IREN is an Australian Bitcoin miner that has had a record breaking month. Revenues reached 68 Million Australian Dollars ($44M), driven by higher Bitcoin prices The firm’s production declined in June due to the shorter month. said Monday is a holiday.
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IREN has mined 620 Bitcoins, compared with 627 last May. Its average hashrate was 41.1 EH/s as opposed to the 38.4 EH/s of last month.
CleanSpark posted an operational hashrate of 50 EH/s In June, mining capacity increased by 145.1% from the previous year’s 20.4 EH/s. The company mined 685 Bitcoins, up from the 445 it had in June 2024.
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Source: cointelegraph.com
