v3.25.1
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property and Equipment, Net [Abstract]  
Property and equipment, net
8. Property and equipment, net

 

Property and equipment consists of the following:

 

   As of
December 31,		   As of
December 31,		 
   2023   2024 
   US$’000   US$’000 
Cost:        
Miners for Bitcoin   17,241    20,321 
Total cost   17,241    20,321 
           
Less: Accumulated depreciation   4,539    8,151 
           
Property and equipment, net   12,702    12,170 

 

Depreciation expense recognized for the years ended December 31, 2022, 2023and 2024 were US$1,816, and US$3,151, and US$3,671, respectively.