Canaan Technology: Preliminary forecast for fiscal year 2025 total revenue of $9-1.10 billion
Canaan Technology has released an unaudited Bitcoin mining update report for December 31, 2024, which reveals that 62 BTC were mined in December 2024 and a total of 1,293 BTC were held as of the end of the month. In addition, Canaan Technology also disclosed that its preliminary expectations for total revenue in fiscal 2025 are between $900 million and $1.10 billion, but actual results may differ from these expectations.