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BTC $75,125.71 +0.72%
ETH $2,336.94 +0.00%
BNB $627.67 +0.85%
XRP $1.44 +2.25%
SOL $88.27 +3.66%
TRX $0.3246 -0.42%
DOGE $0.0981 +1.96%
ADA $0.2561 +2.64%
BCH $449.75 +2.00%
LINK $9.48 +2.12%
HYPE $43.93 -2.94%
AAVE $113.15 +6.50%
SUI $0.9929 +2.09%
XLM $0.1671 +3.88%
ZEC $334.64 -1.49%

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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