Canaan Technology's total revenue in the second quarter reached US$100 million, and mining revenue reached a record high of US$28.1 million.

According to Foresight News, Canaan Technology released its second quarter financial report for 2025. The company's total revenue in the second quarter reached US$100 million, a year-on-year increase of 39.5%; mining revenue hit a record high, reaching US$28.1 million, a year-on-year increase of 201.6%. A total of 284 bitcoins were mined in the second quarter, with an average revenue of US$98,866 per bitcoin. Gross profit rose to $9.3 million, reversing a gross loss of $19.1 million a year ago. By the end of the quarter, the company's Bitcoin holdings expanded to 1483.5 bitcoins.

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