--- title: "BitFuFu Reports Lower April Bitcoin Output as It Cuts Third-Party Hashrate, Builds BTC Holdings" type: "News" locale: "en" url: "https://longbridge.com/en/news/286421855.md" description: "BitFuFu reported a significant decline in Bitcoin production for April 2026, dropping to 145 BTC from 214 BTC due to a power outage and reduced third-party hashrate procurement. The company's total hashrate fell by 13.5% to 22.4 EH/s, while self-owned hashrate remained stable. Despite lower output, BitFuFu increased its Bitcoin holdings to 1,812 BTC, focusing on long-term accumulation. Analysts rate FUFU stock as a Buy with a $3.00 price target, but concerns about financial performance and valuation persist." datetime: "2026-05-14T12:59:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286421855.md) - [en](https://longbridge.com/en/news/286421855.md) - [zh-HK](https://longbridge.com/zh-HK/news/286421855.md) --- # BitFuFu Reports Lower April Bitcoin Output as It Cuts Third-Party Hashrate, Builds BTC Holdings ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks BitFuFu ( (FUFU) ) has provided an update. On May 14, 2026, BitFuFu reported unaudited operational metrics for April 2026, showing a sharp month-on-month decline in Bitcoin production to 145 BTC from 214 BTC. The drop was driven by an unexpected power outage at its Ethiopia facility and a deliberate reduction in third-party hashrate procurement as expiring contracts were not renewed due to unfavorable April Bitcoin price conditions. Total hashrate under management fell 13.5% to 22.4 EH/s and power capacity decreased to 404 MW, while self-owned hashrate remained stable at 3.3 EH/s and average fleet efficiency was 18.1 J/TH. Despite lower output, BitFuFu increased its Bitcoin holdings to 1,812 BTC, underscoring a strategy that prioritizes margin preservation and long-term accumulation of Bitcoin over short-term hashrate growth, and positioning the company with balance sheet flexibility to scale when economics improve. The most recent analyst rating on (FUFU) stock is a Buy with a $3.00 price target. To see the full list of analyst forecasts on BitFuFu stock, see the FUFU Stock Forecast page. **Spark’s Take on FUFU Stock** According to Spark, TipRanks’ AI Analyst, FUFU is a Neutral. The score is primarily constrained by weak financial performance—especially persistent, heavy cash burn and a 2025 swing to losses alongside higher leverage. The earnings call adds some support due to clear operational priorities and cloud-mining momentum, but technicals are only neutral-to-weak and valuation is difficult to justify with a negative P/E and no dividend data. To see Spark’s full report on FUFU stock, click here. **More about BitFuFu** BitFuFu Inc. is a Singapore-based, world-leading Bitcoin miner and mining services innovator listed on Nasdaq under the ticker FUFU. The company focuses on empowering the global Bitcoin network through its cloud mining platform, self-mining operations, and rapidly scaling power and infrastructure capacity across multiple sites, including facilities in Ethiopia. **Average Trading Volume:** 194,076 **Technical Sentiment Signal:** Sell **Current Market Cap:** $367.9M For a thorough assessment of FUFU stock, go to TipRanks’ Stock Analysis page. ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [FUFU.US](https://longbridge.com/en/quote/FUFU.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [MARA.US](https://longbridge.com/en/quote/MARA.US.md) - [BTBT.US](https://longbridge.com/en/quote/BTBT.US.md) - [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md) - [BITF.US](https://longbridge.com/en/quote/BITF.US.md) - [CLSK.US](https://longbridge.com/en/quote/CLSK.US.md) - [HUT.US](https://longbridge.com/en/quote/HUT.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [MRAL.US](https://longbridge.com/en/quote/MRAL.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [BTCHKD.VAHK](https://longbridge.com/en/quote/BTCHKD.VAHK.md) - [BTCUSD.VAHK](https://longbridge.com/en/quote/BTCUSD.VAHK.md) - [FUFUW.US](https://longbridge.com/en/quote/FUFUW.US.md) ## Related News & Research - [THORChain confirms $10M exploit, rolls out recovery portal for affected users](https://longbridge.com/en/news/286642125.md) - [Bit Digital reports Q1 results](https://longbridge.com/en/news/286510331.md) - [Hut 8 Commits $16 Million to Expand Water Infrastructure in West Feliciana Parish | HUT Stock News](https://longbridge.com/en/news/286894933.md) - [10:17 ETBybit uruchamia promocję dla posiadaczy kart Bybit z okazji BTC Pizza DAY](https://longbridge.com/en/news/286581131.md) - [Texas solar set to outproduce coal for first time in 2026](https://longbridge.com/en/news/286674701.md)