Canaan Creative Releases Q2 2025 Financial Report: Total Revenue Reaches 100 Million USD, Mining Revenue of 28.1 Million USD Hits Record High

BlockBeats news, August 14, Canaan Creative announced its financial report for the second quarter of 2025, with total revenue reaching 100 million USD, a year-on-year increase of 39.5%; mining revenue hit a record high of 28.1 million USD, a year-on-year increase of 201.6%. In the second quarter, a total of 284 bitcoins were mined, with an average revenue of 98,866 USD per bitcoin. Gross profit rose to 9.3 million USD, reversing the 19.1 million USD gross loss from the same period last year. By the end of the quarter, the company’s bitcoin holdings expanded to 1,483.5 bitcoins.