Reports 1H of 2024 revenue $3.2M vs $3.026M last year. Arthur Lee, Chairman and Chief Executive Officer of the Company, stated that, “Despite the reduction in block rewards from the April ‘halving event’, our total revenue have increased 6% compared to the six months ended June 30, 2023. Due primarily to the significant increase in the Bitcoin price, which has more than tripled since January 2023.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SAIH:
- SAIHEAT self-mined 3.02 Bitcoin in October
- SAIHEAT introduces HEATNUC open-source small modular reactor solution
- SAIHEAT announces 2024 BIT HEAT DAY
- SAIHEAT Strengthens Middle East Nuclear Market Presence
- SAIHEAT signs MoU for HEATNUC products
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
