v3.25.1
Digital Assets
 12 Months Ended
Dec. 31, 2024
Digital Assets [Abstract]  
Digital assets
6. Digital assets

 

   As of
December 31,		   As of
December 31,		 
   2023   2024 
   US$’000   US$’000 
BTC   436    1,085 
Total   436    1,085 

Additional information about bitcoin:

 

For the year ended December 31, 2024, the Company generated bitcoins primarily through mining services. The following table presents additional information about bitcoins for the years ended December 31, 2024 and 2023, respectively:

 

   As of
December 31,		   As of
December 31,		 
   2023   2024 
   US$’000   US$’000 
Opening balance   91    436 
Receipt of bitcoins from mining services   2,882    1,190 
Exchange of BTC into USDT   (2,537)   (662)
Borrowed from third party   
-
    121 
Ending balance   436    1,085 

 

For the years ended December 31, 2024 and for the years ended December 31, 2023, the Group recognized impairment of Nil against bitcoins.