PANews reported on March 31 that according to News1, South Korean crypto exchange Bithumb achieved an operating profit of 130.7 billion won in 2024, successfully turning losses into profits, and its full-year net profit increased by 565.8% year-on-year to 161.8 billion won. In 2024, Bithumb's full-year revenue reached 496.3 billion won, a year-on-year increase of 265.4%. The main reason for the improvement in performance is the overall recovery of the crypto market and the improvement of investor confidence, especially the election of former US President Trump, which played a positive role in investment sentiment.
Bithumb will turn losses into profits in 2024, with net profit increasing by 565.8% year-on-year
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