Mined 137 BTC in October... Bitfufu ($FUFU) holdings increased by 4.8%

Bitfufu ($FUFU) mined 137 BTC in October, down about 18% from 167 BTC in September, according to an SEC-filed operational update. October output comprised 70 BTC from cloud mining and 67 BTC from self-mining, with average daily production of 4.4 BTC, while cloud mining rose by 1 BTC and self-mining fell by 31 BTC month over month. The company attributed the decline to an approximately 11.8% rise in Bitcoin network mining difficulty during October. Despite lower production, Bitfufu's BTC holdings rose 4.8% to 1,454 BTC as of October 31, while managed hashrate edged up to 19.5 EH/s from 19.4 EH/s in September. The update matters because it shows production pressure from rising difficulty even as the company's treasury stack and hashrate grew, and investors will watch whether difficulty continues to outpace output in November.