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BTC $75,681.84 +1.71%
ETH $2,354.37 +0.98%
BNB $632.22 +1.90%
XRP $1.44 +2.23%
SOL $88.24 +3.98%
TRX $0.3240 -0.83%
DOGE $0.0984 +3.07%
ADA $0.2570 +3.85%
BCH $449.20 +2.14%
LINK $9.52 +3.38%
HYPE $43.98 -2.80%
AAVE $115.70 +9.68%
SUI $0.9972 +3.10%
XLM $0.1686 +5.07%
ZEC $332.95 -3.22%

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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