BitFuFu, a leading cloud-based Bitcoin mining company headquartered in Singapore, has reported its most productive month of 2025, mining 445 BTC in June. This marks an 11.3% increase from May, with the majority — 387 BTC — mined via cloud infrastructure, and 58 BTC generated through self-mining operations.
CEO Leo Lu attributed the increase to the continued expansion of BitFuFu’s mining fleet, driven by a strategic partnership with Bitmain, a global hardware giant. Under a two-year agreement signed in January, BitFuFu is acquiring up to 80,000 Bitcoin mining rigs, which has rapidly scaled their operational capabilities.
Operational capacity reaches new highs
BitFuFu’s hashrate — the total computational power used to mine and process transactions — reached a record 36.2 exa hashes per second (EH/s) in June, marking a 6.2% increase month-over-month. Of this, 32.4 EH/s came from third-party suppliers and hosted clients, further diversifying their revenue streams.
Additionally, the firm expanded its power capacity to 728 megawatts (MW) across operations on five continents, a 11.8% increase from the previous month. These milestones demonstrate BitFuFu’s ability to scale its infrastructure globally while maintaining efficiency and uptime.
Financial performance and stock movement
As of June’s end, BitFuFu holds 1,792 BTC, equivalent to over $193 million at current market prices. While this is less than the holdings of industry leaders like MARA Holdings (50,000 BTC) and Riot Platforms (19,225 BTC), BitFuFu’s rapid growth trajectory has positioned it as a rising competitor in the mining space.
Shares of BitFuFu (NASDAQ: FUFU) closed Monday at $3.48, up 1.16%, with a weekly gain of 8.82%. The modest increase came despite strong operational results, signaling cautious investor sentiment. In contrast, mining peers including RIOT, HIVE, and Bitfarms saw double-digit stock gains leading into the U.S. holiday weekend.
Industry sees mixed June as weather impacts mining
While BitFuFu celebrated a record month, other mining firms experienced declines in Bitcoin production due to power curtailment in Texas and fewer operational days in June. Riot Platforms reported a 12% drop in May, while IREN, an Australian-based miner, mined 620 BTC, slightly down from May but achieved record revenues of 68 million AUD ($44M) due to higher Bitcoin prices.
Meanwhile, CleanSpark posted an impressive 145.1% increase in hashrate year-over-year, reaching 50 EH/s, and mined 685 BTC, up from 445 BTC in June 2024.
BitFuFu’s steady performance and scaling strategy reinforce its position as a key player in the evolving Bitcoin mining landscape.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.