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BitFuFu produces 214 bitcoin in March

BitFuFu (FUFU) announced its unaudited Bitcoin (BTC-USD) production and operational metrics for March. “In March, we continued optimizing our mining portfolio by disposing of older-generation self-owned machines, which contributed to a modest decline in self-owned hashrate. 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,” said Leo Lu, chairman and CEO of BitFuFu. “We also continued to manage our Bitcoin balance sheet responsibly, selling 80 BTC in March in line with our treasury strategy while maintaining our long-term objective of increasing our Bitcoin holdings.

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