BitDeer: Total revenue in the first quarter was US119.5 million, a year-on-year increase of 64.6
BitDeer announced unaudited financial results and operating updates for the first quarter of 2024. Total revenue in the first quarter was US$119.5 million, compared with US$72.6 million in the first quarter of 2023, with total revenue increasing 64.6% year-on-year. Net income was $0.6 million, compared with a net loss of $9.5 million in the first quarter of 2023, and adjusted profit was $8.4 million, compared with $2.8 million in the first quarter of 2023. As of March 31, 2024, cash and cash equivalents were $118.5 million.
Release time
2024-05-13 10:04:40