BitFuFu announces November production, mining operations update

BitFuFu (FUFU) announced unaudited production and mining operations updates for November. Starting in December, BitFuFu will begin regularly issuing monthly updates for investors and the general public and expects to gradually expand its monthly disclosures with additional data. BTC Held: 1,643 BTC1 as of November 30. BTC Produced: 84 BTC produced from self-mining operations in November. New Miner Acquisition and Energization: Self-mining fleet increased by 13,300 miners or in total of 2.4EH/s in November, including: 7,300 S19 XP miners purchased in October and energized in November, equating to approximately 1 EH/s in mining capacity. 2,000 S21 XP miners purchased in November with energization expected in the first quarter of 2025, equating to approximately 0.54 EH/s in mining capacity. 4,000 S21+ miners pre-ordered in November, equating to approximately 0.86 EH/s in mining capacity. Power Project Pipeline: BitFuFu is currently evaluating approximately 700 MW2 of potential projects and has set a target of adding 1 GW of capacity by the end of 2026.