TechFlow news — Justin Sun released the quarterly financial report showing that revenue reached $202 million in Q3, with expenses at $104 million and a net profit of $98 million, representing a 14% sequential growth.
He forecasts Q4 revenue to reach $190 million, expenses at $88 million, and expects net profit to reach $104 million.
Despite industry-wide challenges under the Federal Reserve's high-interest-rate policy, Justin Sun remains optimistic about the future, believing the harshest winter is behind us. Against the backdrop of an imminent approval of Bitcoin ETFs, he anticipates a spring-like recovery for the crypto market in Q4 this year and Q1 next year, expressing firm confidence in continued improvement of overall financial metrics.
