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Singapore BitFuFu increased its holdings of bitcoins, pushing treasury holdings to 1,373

2026-09-06 21:29:59
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Singapore bitcoin mining company BitFuFu increased its holdings of bitcoins to 1,373, shifting its strategic focus to long-term holding of

Singapore's bitcoin mining company BitFuFu has increased its bitcoin treasury reserves to 1,373 BTC. The move highlights the company's determination to refocus on holding digital assets while continuing to cope with weak mining economics and revenue pressures.

The latest round of accumulation marks a significant shift in the company's strategy: Previously, the company sold some of its Bitcoin reserves to fund operations and expand mining capacity. BitFuFu's recent financial performance highlights the challenges faced by miners, with changes in Bitcoin prices, network difficulty and demand for cloud mining services all having an impact on profitability.

Core Points

  • BitFuFu's Bitcoin treasury reserves have reached 1,373 BTC.
  • The company previously sold Bitcoin to support operations and purchase additional mining capacity.
  • Second-quarter revenue fell sharply by 62.9% year-on-year to US$42.8 million.
  • BitFuFu has begun to rebuild the scale of computing power it manages after significantly reducing production capacity at the beginning of the year.

Bitcoin's treasury strategy is growing in importance

BitFuFu's treasury strategy is evolving in parallel with the development of its mining business. As of May 2025, after the company sold 178 BTC at Bitcoin's then-record price level, the number of bitcoins it held was 1,709.

CEO Leo Lu said the sales were part of the company's broader liquidity management efforts aimed at maintaining the company's long-term exposure to Bitcoin. "With a more constructive Bitcoin market environment and a significantly expanded operating base, we are well positioned to seize improving market opportunities in the coming months."

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