Foresight News
Foresight News|Aug 14, 2025 11:10
Jia Nan Technology's total revenue in the second quarter reached 100 million US dollars, with mining revenue reaching a historical high of 28.1 million US dollars According to Foresight News, Canaan Technology released its Q2 2025 financial report, with total revenue reaching $100 million, a year-on-year increase of 39.5%; Mining revenue reached a historic high of $28.1 million, a year-on-year increase of 201.6%. In the second quarter, a total of 284 bitcoins were mined, with an average revenue of $98866 per bitcoin. The gross profit increased to 9.3 million US dollars, reversing the gross loss of 19.1 million US dollars in the same period last year. By the end of the quarter, the company's Bitcoin holdings had expanded to 1483.5 bitcoins.
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