BitFuFu, a Singapore-based Bitcoin cloud mining firm, has reported its most productive month of the year, driven by an expanded mining fleet and strong operational momentum. According to the company, it mined 445 BTC in June, marking an 11.3% month-over-month increase.
Of the 445 BTC, 387 came from cloud mining services and 58 from self-mining operations. CEO Leo Lu credited the growth to continued scaling efforts:
“June has been our most productive month of 2025. Reaching record levels of 36.2 EH/s in hashrate and 728 MW in power capacity reflects our ability to scale effectively and execute with discipline,” he said.
BitFuFu’s recent productivity gains follow its two-year hardware agreement with Bitmain, signed in January, allowing for the purchase of up to 80,000 new miners. This expansion has significantly boosted both its hashrate and energy capacity.
While BitFuFu remains far behind major players like MARA Holdings (50,000 BTC) and Riot Platforms (19,225 BTC), its consistent scaling reflects growing ambition in the mining sector.
Shares of BitFuFu (NASDAQ: FUFU) closed at $3.48 on Monday, rising 1.16% on the day and 8.82% over the past five sessions. A previous rally in January saw the stock jump 13% to $5.60 following the Bitmain agreement.
June presented a mixed bag for other Bitcoin mining firms, with power curtailments in Texas impacting production.
Meanwhile, stocks of other mining firms such as Hut 8 (HUT8), Hive Digital (HIVE), Bitfarms (BITF), and Riot (RIOT) also saw double-digit gains ahead of the U.S. Independence Day holiday, reflecting renewed investor interest in the sector.
As Bitcoin prices remain relatively strong and demand for institutional-scale mining increases, BitFuFu’s aggressive expansion strategy appears well-timed. With a solid mix of cloud and self-mining capabilities, the company is emerging as a competitive force in the fast-evolving mining landscape.
July 2025, Cryptoniteuae