Did Bitcoin Cause A 73 Loss To Upbits Parent Firm

Last updated: June 9, 2025, 17:31

Did Bitcoin Cause A 73 Loss To Upbits Parent Firm

Did Bitcoin cause a 73% loss to Upbit’s parent firm?

Upbit's parent firm Dunamu reports 81% net profit shrink - The

Why Bitcoin Price is Down Today? The Truth Behind the

The parent company of Upbit

Dunamu, the parent company of Upbit, South Korea’s largest crypto exchange, reported an 81% decrease in net profit for the third quarter year-on-year.

The parent company of Upbit, which is South Korea’s largest cryptocurrency exchange, Dunamu, reported that its revenue for the third quarter was $205 million and that its

Woori Technology Investment, a South Korean venture capital firm, is reportedly planning to sell its nine-year stake in Dunamu, the parent company of crypto exchange Upbit, local media

Bitcoin crashed to

Korean Crypto Exchange Upbit's Parent Q3 Profit Slides 73

Bitcoin crashed to $82,300, losing 15% in a week amid a $500 billion market wipeout. NVIDIA’s Q4 revenue surged to $39.3 billion, up 78% year-over-year, fueling AI stock

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Net profit at Dunamu

Net profit at Dunamu, the South Korean parent of crypto exchange Upbit, dropped 73% to 160 billion won ($120 million) in the third quarter from the year-earlier period, CoinDesk Korea

The downfall of the world’s largest cryptocurrency Bitcoin [BTC] seemed to have a bigger impact than expected. It is no news that the entire market is

Upbit’s Parent Company Sees a 66% Decline in Yearly Revenue

The profits of Dunamu

The profits of Dunamu - the operator of the Korean crypto exchange Upbit - slid to $120M in Q3 from the year-earlier period.

Upbit Parent Firm Posts Over 70% Decline in Profits in Q3