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BIGG Digital Assets Shows Resilience in 2023 Financials

BIGG Digital Assets Shows Resilience in 2023 Financials

Bigg Digital Assets Inc (TSE:BIGG) has released an update.

BIGG Digital Assets Inc. weathered tough market conditions in 2023, generating $6.5M in gross operating revenue, a slight decline from the previous year, led by its Netcoins and Blockchain Intelligence Group subsidiaries. Netcoins’ revenue fell only 8% YoY, with a notable rebound in Q4 as user activity surged, buoyed by Bitcoin’s price rise and new OTC trading operations. Meanwhile, Blockchain Intelligence Group saw a 26% drop in revenues, maintaining a high margin rate despite a challenging year.

For further insights into TSE:BIGG stock, check out TipRanks’ Stock Analysis page.

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