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. ...