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BTC $78,383.52 -2.87%
ETH $2,204.10 -2.41%
BNB $659.29 -3.45%
XRP $1.41 -3.91%
SOL $87.31 -4.24%
TRX $0.3508 -0.71%
DOGE $0.1096 -4.10%
ADA $0.2550 -4.55%
BCH $421.62 -3.15%
LINK $9.82 -4.73%
HYPE $41.53 -9.97%
AAVE $89.15 -8.05%
SUI $1.05 -8.06%
XLM $0.1513 -5.24%
ZEC $493.50 -9.32%

BitFuFu's total revenue in the third quarter grew by 47.5% to $90.3 million, with self-mining revenue accounting for 22.7%

2024-11-06 15:29:42
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ChainCatcher news, Bitcoin mining company BitFuFu reported that total revenue for the third quarter of 2024 increased by 47.5% compared to last year, reaching $90.3 million. Among this, revenue from cloud mining solutions was $68.9 million, accounting for 76.3% of total revenue, a 51.4% increase from $45.5 million in the same period of 2023; revenue from Bitcoin self-mining operations was $20.5 million, accounting for 22.7% of total revenue, a 40.4% increase from $14.6 million in the same period of 2023. As of September 30, 2024, the total balance of cash, cash equivalents, and digital assets was $142.7 million.

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