Techub News reports that the cryptocurrency infrastructure company BIT Mining announced its unaudited financial performance for the six months ending June 30, 2025, with revenue of 11 million USD, primarily consisting of 4.6 million USD from self-mining operations and 6.4 million USD from data center operations, a decrease of 43.3%. The reasons include increased computing power and falling cryptocurrency prices, as well as reduced hosting fees to retain some data center customers. Operating costs and expenses were 24.5 million USD, an increase of 12.4%, mainly due to rising unit electricity prices. For the six months ending June 30, 2025, the fair value changes of cryptocurrency assets were a negative 2.3 million USD. The company holds a total of 3.6 million USD in cryptocurrency assets, including 7.3 Bitcoins, 808 Ethereums, 1.8 million DOGE, 300,000 USDT, and various other cryptocurrency assets, primarily sourced from the company's cryptocurrency mining operations.

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