Deep Tide TechFlow News, on August 14, Canaan announced its financial report data for the second quarter of 2025. The company's total revenue for the second quarter of 2025 reached $100.2 million, a year-on-year increase of 39.5%. Among them, Bitcoin mining revenue reached $28.1 million, a year-on-year increase of 201.6%, setting a historical high.

The financial report shows that in the second quarter, the company mined 284 Bitcoins, with an average income of $98,866 per Bitcoin. As of the end of July 2025, the company's Bitcoin reserves reached 1,511 coins. The company's gross profit for the second quarter was $9.3 million, achieving a turnaround from a loss of $19.1 million in the same period last year.