Telegram founder: Total revenue this year exceeds $1 billion, cash reserves excluding cryptocurrencies exceed $500 million
Pavel Durov, the founder of Telegram, announced on his personal Telegram channel that the number of Telegram Premium subscribers has doubled this year, exceeding 12 million, and advertising revenue has also increased several times. In addition, Telegram's total revenue in 2024 exceeds $1 billion, and its cash reserves at the end of the year exceed $500 million, not including encrypted assets. In the past four years, Telegram has issued about $2 billion in debt.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple XRP vs.SEC Legal Case to Close Soon
Bitcoin Sets Higher Lows—Can Bulls Target $88K Resistance?
Solana Faces 50% Drop Risk as $125–$137 Range Holds the Key Amid Market Volatility
Panama City Council makes history as the first government institution accepting crypto payments
Share link:In this post: Panama City council voted in favor of becoming the first public institution of government to accept payments in cryptocurrencies. Citizens will now be able to pay taxes, fees, tickets and permits entirely in crypto starting with BTC, ETH, USDC, and USDT. The city partnered with a bank that will receive crypto payments and convert them on the spot to U.S. dollars, allowing for the free flow of crypto in the entire economy.
Trending news
MoreCrypto prices
More
