Bithumb's revenue in the first half of the year decreased by 48.7% year-on-year, with a net loss exceeding $70.1 million

According to Yonhap News Agency, Bithumb announced a revenue of $109 million for the first half of 2026, a year-on-year decrease of 48.7%; The operating profit was 9.6 million US dollars, a year-on-year decrease of 83.4%; The net loss is 70.1 million US dollars. Bithumb's Q2 revenue was $55.7 million, a year-on-year decrease of 35.8%; The operating profit was 7.8 million US dollars, a year-on-year decrease of 44.0%. Bithumb stated that the decline in performance is due to the high interest rate policy in the United States, which has led investors to shift their funds to the AI and semiconductor stock markets, resulting in a decrease in activity in the virtual asset trading market.