In February, public Bitcoin miners CleanSpark, Cango, and BitFuFu collectively produced 1,250 bitcoins, valued at approximately $86 million, amidst a growing shift towards artificial intelligence and high-performance computing. CleanSpark led the group with 568 BTC production, expanding its infrastructure with a new Texas campus and maintaining a significant bitcoin reserve. Meanwhile, Cango is optimizing its mining operations to focus on AI initiatives, and BitFuFu reported 227 BTC mined, with an increase in its holdings. This trend aligns with a broader industry movement where companies like Core Scientific plan to sell most of their bitcoin holdings by 2026 to develop AI-focused data center businesses, reflecting a strategic pivot in the sector.
CleanSpark, Cango and BitFuFu produce 1,250 BTC in February
