Bithumb will turn losses into profits in 2024, with net profit increasing by 565.8% year-on-year

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PANews
03-31
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PANews reported on March 31 that, according to News1, Bithumb, a crypto exchange, achieved an operating profit of 130.7 billion won in 2024, successfully turning profitable, with an annual net profit year-on-year growth of 565.8% to 161.8 billion won. Bithumb's annual revenue in 2024 reached 496.3 billion won, a year-on-year increase of 265.4%, growing by more than threefold. The main reason for the performance improvement was the overall recovery of the crypto market and increased investor confidence, particularly with the positive impact of former US President Trump's election on investment sentiment.

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