BitFuFu, a Nasdaq-listed Bitcoin mining company trading under the ticker FUFU, added 66 BTC to its holdings, bringing its total to 1,454 BTC as of October 31. The company now ranks 38th in Bitcoin Treasuries’ Bitcoin 100, after a 4.8% increase in holdings during October compared with the end of September. This accumulation continued for a third consecutive month despite heavy selling pressure in the cryptocurrency market. At the same time, BitFuFu’s mining output fell by about 18%, from 167 BTC in September to 137 BTC in October, mainly because Bitcoin mining difficulty increased by 11.8%. The company’s total hashrate remained relatively stable at 19.5 EH/s in October, compared with 19.4 EH/s in September.
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