A little digital action Rally 7% on a powerful 141% income growth

Bitcoin miners Bit digital climbing for 7% after the company reported more than 140% of the revenue of revenue 2024. year, encouraged by a growing segment of the clouds.

Start the financial results of digital digital, show that there is a big shift because its expansion of cloud services and computer surgeries of high performance seem to be redesigned by its income mix. In a announcement On Friday, 14. Marta, digital digital amounted to $ 108.1 million in total revenue for 2024. Year, an increase of 141% of the previous year.

The company’s management credited an increase in successful speedy expansion of his HPC job. The data show that the services of clouds, which contributed to 45.7 million dollars, or part of the work a year earlier.

“Profitability has improved together with the expansion of business, which support stronger gross margins and operational efficiency. Liquidity and no debt provide flexibility to target investments that improve opportunities and long-term competitiveness.”

Bit digital

Meanwhile, Bitcoin (Btc) Mining income rose 32% to $ 58.6 million, although his share in total revenue fell from 98% in 2023. To 54% in 2024. Years. Profitability has also improved because the company has reported net income of $ 0.16 per share.

Tolides income from Bitcoin

Seems still, operational personalities show both gains and challenges. The company earned 949.9 BTC 2024. year, from 37% of 2023. years, pointing to challenges such as an April transmission of events and increasing network difficulties. At the same time, his Etherum (El) Exposure to revenues increased by 169% to $ 1.8 million.

The expansion of the company’s cloud has also continued, and the agreements were signed with the boosteroid and DNA fund. A new data project in Quebec is expected to be started by hydroelectricity, it is also in works.

“The company expects to invest around $ 19.3 million to develop a location, with a potential expansion at 13mV within 24-36 months, under the condition of the Hydro-Quebec approval.”

Bit digital

Digital digital suggests that profitability has improved as business has become a business, alija also mentioned that “economy financing options” are investigating. The company emphasized its strong liquidity and lack of debt, but it recognized that the maintenance of financial discipline remains focus. After the news, digital actions increased 7% to $ 2.41, per Native.