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BTC $62,830.71 -0.12%
ETH $1,679.61 -4.28%
BNB $593.95 -0.15%
XRP $1.12 -1.77%
SOL $66.22 -3.05%
TRX $0.3259 -0.49%
DOGE $0.0843 -3.56%
ADA $0.1628 -13.94%
BCH $227.54 -5.84%
LINK $7.63 -3.51%
HYPE $61.63 -7.60%
AAVE $68.41 -2.53%
SUI $0.7119 -7.86%
XLM $0.1930 -6.61%
ZEC $351.15 -35.00%

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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