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Canaan Technology Announces Unaudited Financial Results for Q2 2025: Bitcoin Reserves Expand to 1,483.5, Mining Revenue Reaches $28.1 Million
Canaan Technologies (NASDAQ: CAN, "Canaan" or "the Company") today announced its unaudited financial results for the three months ended June 30, 2025, reporting that the company recorded its strongest unaudited results in the past ten quarters for the three months ended June 30, 2025, with total revenue reaching $100.20 million, exceeding the company's previous guidance and growing 39.5% year over year. The total hashrate sold was 6.40 million terahash per second (TH/s), up 16.5% month-on-month ...
2025-08-15 02:00:08
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