Jianan Technology's total revenue for the first quarter of 2025 increased by approximately 136% year-on-year, reaching $82.78 million

2025-05-20 13:47

Odaily Planet Daily News: Canaan Technology has released its unaudited first quarter financial report, with total revenue reaching $82.78 million, exceeding the previous financial forecast of $75 million and representing a 135.9% increase compared to the same period last year. As of March 31, 2025, a total of 1468.1 bitcoins were held, with a total fair value of $125.9 million for cryptocurrency assets and cryptocurrency accounts receivable. For the second quarter of 2025, the company currently expects a total revenue of approximately $100 million.

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