GMO Internet has seen a reduction in the virtual currency business from January to September, and the mining business continues to profit.

According to Cointelegragh Japan, Japan's GMO Internet today announced the results of the first to September of 2019. The virtual currency business from January to September 2019 showed a reduction in revenue. The mining business continued to make profits after the April-June period. Sales of the virtual currency business from January to September in 19 years decreased by 15.8% from the same period of the previous year to 4.975 billion yen. Operating profit was 872 million yen (a loss of 375 million yen in the same period last year). GMO sales were reduced as a result of the reduction in the margin trading rate of the virtual currency exchanges. However, due to the cost reduction effect of the mining business, profit was realized in terms of profit.