Bitrich's total revenue exceeded $129 million in the second quarter, an increase of 69.7%.
2024-08-20 12:47:56
Bitcoin mining company BitFuFu has announced its unaudited financial results for the second quarter ended June 30, 2024. Total revenue was $129.40 million, up 69.7% from the same period in 2023. Cloud mining solutions revenue was $77 million, up 66.8% from the same period in 2023. Bitcoin self-mining business revenue was $51.10 million, up 81% from the same period in 2023. Net income was $1.30 million, compared to $5.10 million for the same period in 2023. The combined balance of cash, cash equivalents and digital assets was $155 million as of June 30, 2024, compared to $76 million as of December 31, 2023.
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