Did Bitcoin Cause A 73 Loss To Upbits Parent Firm

Last updated: June 8, 2025, 19:34

Did Bitcoin Cause A 73 Loss To Upbits Parent Firm

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

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 $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

The profits of Dunamu

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

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

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

Dunamu

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.

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

Long-time Stakeholder in Upbit’s Parent Seeks Exit Just Day

The downfall of the world

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

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

Korean Crypto Exchange Upbit's Parent Q3 Profit Slides 73

The parent company of Upbit

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

Why Bitcoin Price is Down Today? The Truth Behind the