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Coinpedia
2023-08-29 10:50:01

Canaan’s Q2 Revenue is Up 33.7% to $73.9 million!

Canaan’s Q2 Revenue is Up 33.7% to $73.9 million!

The post Canaan’s Q2 Revenue is Up 33.7% to $73.9 million! appeared first on Coinpedia Fintech News Canaan, a leading manufacturer of Bitcoin mining machines, has noted a 33.7% increase in revenue for Q2 2021 compared to the previous quarter. The company generated $73.9 million in total revenue while holding 1125 bitcoins. However, the cost of the company was US$143.9 million, which may raise concerns about the company’s expenses. Despite this, Canaan …

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