Canaan Inc. Reports Unaudited First Quarter 2025 Financial Results

Total revenues of US$82.8 million exceeded guidance, up 135.9% YoY Bitcoin mining revenues reached US$24.3 million, up 131.9% YoY SINGAPORE, May 20, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced its unaudited...