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BTC $58,325.03 -1.42%
ETH $1,563.77 -0.19%
BNB $544.78 -0.88%
XRP $1.03 -1.28%
SOL $72.79 -0.60%
TRX $0.3161 -1.73%
DOGE $0.0702 -2.60%
ADA $0.1435 -0.66%
BCH $197.09 +0.98%
LINK $7.16 -1.02%
HYPE $64.81 +0.93%
AAVE $85.27 -4.98%
SUI $0.6861 -0.53%
XLM $0.1790 +3.36%
ZEC $397.66 +2.87%

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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