Canaan(CAN) - 2023 Q3 - Quarterly Report

Exhibit 99.1 Canaan Inc. Reports Unaudited Second Quarter 2023 Financial Results - Total Computing Power Sold Achieved 6.1 Million Thash/s, up 45.2% QoQ - - Bitcoin Mining Revenues Reached US$15.9 Million, up 43.3% QoQ - Singapore, August 29, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading highperformance computing solutions provider, today announced its unaudited financial results for the three months ended June 30, 2023. Second Quarter 2023 Operating and Financial Hig ...