BitFuFu mined a total of 177 BTC in May, with the proportion of self-mined Bitcoin exceeding 50% for the first time.
BlockBeats News, June 10th, Nasdaq-listed Bitcoin mining company BitFuFu released its unaudited operational report for May 2026. During that month, the total Bitcoin mining output was 177 coins, representing a 22.1% increase from the previous month. Of this output, cloud mining contributed 87 coins, while self-mining contributed 90 coins, surpassing 50% of the total output for the first time. In terms of operations, BitFuFu managed a total hash rate of 19.5 EH/s, with 3.2 EH/s from self-mining and 16.3 EH/s from third-party suppliers and hosting clients.
As of May 31st, BitFuFu held a total of 1,855 BTC, an increase of 43 coins from the end of April. The company stated that as the current Bitcoin price has entered a consolidation phase, it has proactively adjusted its hash rate allocation to allocate more resources to self-mining in order to continue accumulating a Bitcoin reserve.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Samsung Electronics Q3 Profit Hits Another Record but Falls Slightly Short of Expectations; AI Memory Boom Drives Growth, Yet High Stock Prices and Cyclical Concerns Persist
Preliminary data released by Samsung Electronics on Thursday showed that its operating profit for the third quarter ending in September amounted to approximately KRW 107.4 trillion (about USD 80.1 billions), more than eight times higher than the same period last year, setting a new record mainly driven by demand for high-bandwidth memory (HBM).
BUZZ - Citi launches a positive catalyst watch on Xero, expects fiscal-year margin improvement; stock price rises
Latest Developments October 7 – Xero (XRO.AX), headquartered in Wellington, saw its share price rise by as much as 2.3% to AUD 57.38. Citi analysts maintained a “Buy” rating on the software company with a target price of AUD 91.55. The brokerage launched a positive catalyst watch ahead of the half-year earnings release, citing recent share price weakness. Strong revenue growth is expected for the first half, including contributions from the recent acquisition of Melio. Xero acquired Melio, a small business bill payment platform under (link), in 2025 for up to USD 3 billion. The company forecasts FY27 adjusted EBITDA to be close to the upper end of Xero’s guidance range, which is NZD 860 million to NZD 920 million (USD 481.51 million to USD 515.11 million). The share price is down 50.3% year to date, and this has been factored into today’s trading movements. (USD 1 = NZD 1.7860) (For the convenience of non-English speakers, Reuters provides this automated translation in several languages. Due to possible inaccuracies and lack of context in automated translations, Reuters does not guarantee the accuracy of automated translation texts and provides them only for reader convenience. Reuters assumes no liability for any damage or loss resulting from use of the automated translation feature.)
Samsung releases preliminary results: Q3 operating profit breaks 100 trillion won for the first time, soaring nearly ninefold year-on-year
Samsung Electronics reported an operating profit of approximately 107.4 trillion KRW in the third quarter, a year-on-year increase of nearly ninefold, marking a new historical high for the fourth consecutive quarter. Third quarter revenue reached around 195 trillion KRW, up 127% compared to the same period last year. The full financial report will be released on October 29.
Another wave in AI infrastructure financing! Broadcom (AVGO.US) plans to raise over 50 billions USD for OpenAI's chip project.
Foreign media reported that Broadcom (AVGO, US) is arranging over $50 billions in financing for its joint development of custom AI chips with OpenAI, marking the latest example in the trend of large-scale AI infrastructure financing deals.
Crypto prices
More
