BitFuFu's total revenue in the first quarter was US$140 million, an increase of 149%

According to Foresight News, Bitcoin mining company BitFuFu announced its unaudited financial results for the first quarter ended March 31, 2024, with total revenue of US$144.4 million, up 149% from US$58 million in the same period of 2023; cloud mining solution revenue was US$81.5 million, up 181% from US$29 million in the same period of 2023; Bitcoin self-mining business revenue was US$60.1 million, up 117% from US$27.7 million in the same period of 2023; due to the increased difficulty of BTC mining, self-mining BTC output fell 11% from 1,239 BTC in the same period of 2023 to 1,103 BTC; as of March 31, 2024, its combined balance of cash, cash equivalents and digital assets was US$163.7 million.