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BTC $68,865.81 -1.95%
ETH $1,983.22 -3.63%
BNB $617.89 -1.81%
XRP $1.49 -5.80%
SOL $85.86 -4.35%
TRX $0.2803 -0.25%
DOGE $0.1028 -9.39%
ADA $0.2842 -3.50%
BCH $557.17 -0.43%
LINK $8.86 -2.80%
HYPE $29.85 -3.88%
AAVE $127.29 -1.26%
SUI $0.9681 -5.27%
XLM $0.1704 -4.07%
ZEC $289.26 -6.32%

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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