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Yueda Digital Holding

ir.airnetgroup.cn

What Do They Do?

Mines Bitcoin by supplying computing power to mining pools in exchange for cryptocurrency rewards.

How Do They Make Money?

Mining pools pay the company quarterly in USDT, another agreed stablecoin, or fiat currency for computing power; the amount is based on its share of Bitcoin rewards, less hosting and maintenance fees.

FY2025 revenue

Who Are Their Customers?

The company provides computing power to mining pool operators, which pay the company quarterly based on its share of Bitcoin rewards, less hosting and maintenance fees.

Do Revenues Turn Into Profits?

No. It lost $28.1M in FY2025.

Operating income, FY2025
−160% of revenue
▲ +2462% (Loss) vs FY2024 (−$1.8M, −513%)
Net income, FY2025
−100% of revenue
▲ +106% (Loss) vs FY2024 (−$13.7M, −3980%)

How Are They Changing?

Growing. Revenue grew 3.1x in 4 years, from $9.1M in FY2021 to $28.2M in FY2025, about 33% a year.

From in-flight media to Bitcoin mining The older report described in-flight connectivity, entertainment and advertising alongside Ethereum mining; the latest centers on hosted Bitcoin mining and says the in-flight media business was sold.

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