BitFuFu's Bitcoin (BTC) Holdings Hit 1,454 BTC After Third Straight Monthly Rise

1,454 BTC on the Balance Sheet

BitFuFu lifted its corporate Bitcoin (BTC) treasury to 1,454 BTC as of October 31, adding 66 BTC in a month when most of the market was selling. The Singapore-based miner, listed on Nasdaq under the ticker FUFU, disclosed a September-end balance of 1,388 BTC in its November 6 operational update, which makes October a 4.8% month-over-month increase and the third consecutive monthly build in the company's reserve. Bitcoin (BTC) price trades around $74,838 at the time of writing, up 1.2% over the past 24 hours, after several days of selling pressure dragged the broader Bitcoin market lower. The as-of date on the figure matters. October 31 sits just before the most recent acceleration in selling, so the reported balance does not yet capture November's drawdown, and the live tape has the asset roughly flat since the tracker entry surfaced early on Tuesday. Public treasury tracking logged the increase and now places BitFuFu 38th in the Bitcoin Treasuries ranking of the top 100 corporate holders. The build puts the company in the camp of listed firms that treat their coin stack as a strategic Bitcoin reserve rather than working inventory to be sold into weakness. Institutional flows ran the other way over the same stretch: BlackRock's IBIT led $201 million in Bitcoin ETF outflows on Monday, so a miner was accumulating through the same window in which a flagship fund was shedding exposure. A 66 Bitcoin (BTC) month is modest next to the total, but the streak is what the tracker records: the reserve has now grown in each of the last three reported months. The disclosed figures state the aggregate balance only; they do not split the October addition between purchased coins and retained mine output.

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Output Slid While Hashrate Held

The treasury build came through a weaker month at the machines. BitFuFu mined 137 BTC in October, down from 167 BTC in September, a fall of roughly 18%. Production runs across two models: 67 BTC came from self-mining on the company's own infrastructure, while 70 BTC arrived through its cloud mining arm, in which customers rent hashrate and the resulting coins accrue to the operation. The economics of crypto mining, and the way new coins enter circulation in the first place, are laid out in our beginner's guide to Bitcoin mining. The company attributes the slide to the network itself. Mining difficulty rose about 11.8% in October, and a harder adjustment means every hash earns a smaller share of the block reward, so unchanged computing power yields fewer coins. Difficulty recalibrates every 2,016 blocks to hold block intervals near ten minutes, which means an influx of hashrate anywhere on the network raises the bar for every miner, including one whose own fleet did not grow. BitFuFu's managed capacity barely moved through that squeeze: the company reported 19.5 exahashes per second (EH/s) for October, marginally above the 19.4 EH/s recorded in September. An exahash is one quintillion calculations per second, a scale at which a steady fleet against an 11.8% harder puzzle still gives back output. Chairman and CEO Leo Lu paired the numbers with a renewed pledge to keep growing the company's Bitcoin (BTC) holdings. The posture contrasts with peers that have sold to cover obligations: MARA sold 40% of its Bitcoin holdings to repay debt. October closes with the reserve up for a third straight month even as mine output fell by nearly a fifth, the combination the company chose to report alongside its production figures.

Read together, the two disclosures describe a miner buying conviction with capacity: the difficulty squeeze that trimmed October's output has not shaken the treasury policy, and the market around that decision has steadied rather than broken. Our composite scoring puts the strongest support directly beneath the tape at $74,168, rated 100/100, with $78,034 (94/100) as the first overhead test. Positioning is still tilted long: perp funding prints 0.0018% and long accounts outnumber shorts 3.18 to 1, while the Fear and Greed Index reads 32/100. BitFuFu is, in market slang, choosing to HODL through the drawdown rather than sell into weakness. A daily close below $74,168 would be the print that changes the picture, with Benjamin Cowen's $73,500 warning waiting underneath as the bear case.