【Canaan Technology's second-quarter mining revenue reached $28.1 million, Bitcoin reserves expanded to 1,483.5】According to Golden Finance, Canaan Technology today announced its unaudited financial performance for the three months ending June 30, 2025. The report shows strong revenue growth, record-high mining output, and a milestone expansion in Bitcoin reserves. Total revenue reached $100.2 million, exceeding the company's previous expectations, with a year-on-year growth of 39.5%, and an accelerated growth momentum. Mining revenue hit a historic high of $28.1 million, with a year-on-year increase of 201.6%, mining 284 Bitcoins, averaging $98,866 in revenue per Bitcoin. Gross profit soared to $9.3 million, reversing a gross loss of $19.1 million in the same period last year. By the end of the quarter, Bitcoin reserves expanded to 1,483.5 Bitcoins, and by the end of July 2025, Bitcoin reserves further expanded to 1,511 Bitcoins, marking a strategic milestone in the company's long-term accumulation model.

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