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SoSo Daily Jun. 10 | Strategy Purchases 1,045 BTC at an Average Price of $105,426, Totaling Approximately $110.2 Million
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Revolut's pre-tax profit in 2024 benefits from customer growth and cryptocurrency trading reaching £1 billion.
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404Words
Apr 24, 2025
According to ChainCatcher, fintech giant Revolut, driven by rapid customer growth and a resurgence in cryptocurrency trading, is set to double its pre-tax profits to £1 billion (1.30 billion USD) by 2024. According to the annual report released on Thursday, April 24, Revolut's profits soared from £438 million in 2023, while revenue jumped from £1.80 billion to £3.10 billion. A key factor in Revolut's strong performance is its wealth division, which includes stock and digital asset trading. With the rebound in cryptocurrency trading activity, this division generated £506 million in revenue, nearly quadrupling that of 2023.
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