Canaan Inc.'s total revenue for the first quarter of 2025 increased by approximately 136% year-on-year, reaching 82.78 million USD.

Odaily Planet Daily reports that Canaan Technology has announced its unaudited first-quarter financial report. The company's total revenue for the first quarter reached 82.78 million USD, exceeding the previous financial forecast guidance of 75 million USD, representing a year-on-year increase of 135.9%. As of March 31, 2025, the company holds a total of 1,468.1 bitcoins, with the fair value of held cryptocurrency assets and cryptocurrency accounts receivable totaling 125.90 million USD. For the second quarter of 2025, the company currently expects total revenue to be approximately 100 million USD.