Bithumb Posts $15.7M Q2 Loss as Revenue Falls 36%
3 Articles
3 Articles
Bithumb, a domestic virtual asset exchange, continued to post net losses in the second quarter of this year, following the first quarter. The average compensation per person for the three registered directors, including CEO Lee Jae-won, was 208 million won, approximately 170 million won less than in the first quarter. Bithumb announced on the 14th that it had turned to a deficit, recording a net loss of 21.8 billion won in the second quarter of …
Revenue Down 36%, Operating Profit Down 44%... Net Loss of 108.7 Billion Won in First Half Strengthening AI Services and Attracting Corporate Members... Reorganizing Response System to Framework Act on Digital Assets [Digital Daily Reporter Cho Yoon-jung] Bithumb saw both revenue and operating profit decline in the second quarter of this year due to the impact of falling virtual asset trading volume. Coupled with valuation losses on virtual as…
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