Avalon Mining Machines

Search documents
Canaan Inc. Reports Unaudited Second Quarter 2025 Financial Results
Prnewswireยท 2025-08-14 11:00
Total computing power sold was 6.4 million Terahash per second (TH/s), a 16.5% sequential increase and a 3.0% year-over- year rise, reflecting diversified market penetration despite tariff headwinds. Total revenues of US$100.2 million exceeded guidance, up 39.5% YoY Bitcoin mining revenues reached an all-time high of US$28.1 million, up 201.6% YoY Bitcoin treasury[1] climbed to a milestone of 1,511 as of July-end 2025 SINGAPORE, Aug. 14, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Compa ...