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Canaan Reports 201.6% Year-on-Year Growth in Mining Revenue for Second Quarter
2025-08-14 /
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Author：小编
On August 14, Canaan unveiled its second-quarter unaudited financial results. According to the report, the company's total revenue amounted to $100 million, marking a 39.5% increase from the same period last year. Notably, the mining segment excelled, with revenues soaring to $28.07 million, a remarkable 201.6% year-on-year jump. During the quarter, Canaan successfully mined 284 Bitcoins, each sold at an average price of $98,866. Looking ahead, the company anticipates total revenue for the third quarter of 2025 to fall within the range of $125 million to $145 million.
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