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BTC $75,506.96 +1.45%
ETH $2,352.86 +0.83%
BNB $633.42 +2.14%
XRP $1.45 +2.83%
SOL $88.13 +3.67%
TRX $0.3237 -0.95%
DOGE $0.0987 +2.66%
ADA $0.2579 +4.01%
BCH $449.71 +2.20%
LINK $9.52 +2.95%
HYPE $43.60 -2.30%
AAVE $116.72 +10.06%
SUI $0.9993 +3.13%
XLM $0.1694 +5.52%
ZEC $332.71 -3.26%

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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