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BTC $77,304.03 -1.69%
ETH $2,298.71 -3.17%
BNB $626.16 -1.55%
XRP $1.40 -2.31%
SOL $84.69 -2.63%
TRX $0.3250 +0.48%
DOGE $0.0988 -0.42%
ADA $0.2478 -1.91%
BCH $449.12 -1.28%
LINK $9.30 -2.15%
HYPE $41.60 -2.09%
AAVE $97.43 +0.59%
SUI $0.9333 -1.58%
XLM $0.1658 -3.08%
ZEC $355.89 +0.03%

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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