Canaan: Fiscal Year 2025 Revenue Projections Set at $900 Million to $1.1 Billion
2025-01-21 / Read about 0 minute
Author:小编   

Canaan has recently provided an update on its Bitcoin mining activities as of December 31, 2024, accompanied by financial projections for the fiscal year 2025. According to the data, the company held 1,293 Bitcoins by the end of 2024 and mined an additional 62 Bitcoins during that month. Amidst the escalating demand for hashing power in Bitcoin mining and the expansion of its mining operations, Canaan anticipates its total revenue for fiscal year 2025 to fall within the range of $900 million to $1.1 billion.