OnlyFans, the subscription behemoth known for its risqué content, has unveiled its crypto playbook. 🏀
Fenix International, the mastermind behind OnlyFans, made a bold move between 2021 and 2022, securing a whopping $19.9 million in $ETH. But, as the volatile crypto game goes, they faced an $8.5 million setback by November 2022. A tough break. 😬
But don’t count them out just yet. While their crypto strategy might’ve faced some hurdles, OnlyFans celebrated a solid 16.6% revenue jump, netting $5.6 billion in 2022. The platform’s appeal? Still skyrocketing, with a 47% increase in creators and a 27% boost in subscribers. 🌐