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JiaNan Technology Releases Q2 2025 Financial Report: Total Revenue Reaches $100 Million, Mining Income of $28.1 Million Hits All-Time High
BlockBeats News, August 14th, Canaan Inc. released its Q2 2025 financial report, with a total revenue of 100 million USD for the quarter, a year-over-year increase of 39.5%. The mining revenue hit a record high of 28.1 million USD, a 201.6% year-over-year growth. A total of 284 Bitcoins were mined in Q2, with an average revenue of 98,866 USD per Bitcoin. Gross profit reached 9.3 million USD, reversing last year's gross loss of 19.1 million USD in the same period. By the end of the quarter, the company's Bitcoin holding had expanded to 1,483.5 Bitcoins.
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