News list for "Technology Q2"

Jianan Technology's mining revenue reached $28.10 million in the second quarter, and its bitcoin reserves expanded to 1,483.5

Canaan Technology today announced its unaudited financial results for the three months ended June 30, 2025, reporting strong revenue growth, record mining production and a milestone expansion of its bitcoin reserves. Total revenue reached $100.20 million, exceeding the company's previous expectations and growing 39.5% year-over-year, accelerating growth momentum. Mining revenue reached a record high of $28.10 million, up 201.6% year-over-year, mining 284 bitcoins, averaging $98,866 per bitcoin. ...

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2025-08-14 11:12:58
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