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BTC $60,995.11 -1.50%
ETH $1,571.76 -5.07%
BNB $576.15 -2.37%
XRP $1.09 -2.27%
SOL $62.93 -4.15%
TRX $0.3204 -1.38%
DOGE $0.0820 -1.89%
ADA $0.1586 -1.77%
BCH $217.60 -1.12%
LINK $7.40 -2.11%
HYPE $59.26 -5.32%
AAVE $62.17 -4.57%
SUI $0.7205 +1.77%
XLM $0.2016 +7.05%
ZEC $373.42 +17.18%

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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