Bitfufu, a Nasdaq-listed cloud mining services company, has recently shared its unaudited financial results for the third quarter of 2024. The company saw a significant increase in revenue, with a total revenue of $90.3 million, which is 47.5% more than the $61.2 million they had in the same period last year.
Cloud-mining solutions were especially successful, with revenue rising by 51.4% year-over-year to $68.9 million. This growth shows that cloud mining services are in high demand and continues to perform well for Bitfufu.