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Update: BIGG Digital Assets Loses Nearly 5% After Posting 2nd Straight Quarter of 7% Revenue Growth in Q3
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Update: BIGG Digital Assets Loses Nearly 5% After Posting 2nd Straight Quarter of 7% Revenue Growth in Q3
Nov 29, 2024 9:00 AM

11:37 AM EST, 11/29/2024 (MT Newswires) -- BIGG Digital Assets ( BBKCF ) late on Thursday reported third-quarter gross operating revenue of $2.1 million, with revenue from Netcoins rising 66% and revenue from Blockchain Intelligence Group up 6%.

The three months ended Sept. 30 marked the second-straight quarter of 7% revenue growth, the company said. Revenue from Blockchain Intelligence Group rose to $0.41 million from $0.39 million.

Netcoins' customer assets under custody was $107.3 million at the end of the third quarter, up 72% from $62.3 million. Netcoins' had 8,023 active users, up 1%.

BIGG currently owns around 100.5 bitcoin, valued at $13.5 million.

BIGG shares were last seen down $0.01 to $0.20 on the TSX Venture Exchange.

Price: 0.20, Change: -0.01, Percent Change: -4.76

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