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Bitkub revenue dips 48% as crypto sinks

Writer's picture: RabbiterRabbiter


Bitkub Online (BO), the owner of Bitkub Exchange, Thailand's leading cryptocurrency platform, reported a 48% year-on-year decline in revenue last year as the crypto market plunged. The total investments of its clients decreased 65% from a year earlier. According to a financial statement released on the company's website, BO reported a net profit of 341 million baht in 2022, down 86% from the previous year.





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