Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million

Share This Post

Mining Rig Producer Canaan's Q1 Unrealized Gains Narrow Net Loss to $39.4 MillionIn the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in the same period which resulted in the company recording a gross loss of $37.3 million. Nangeng Zhang claimed that Canaan’s revenues in the last quarter exceeded expectations due to the company’s persistent sales efforts and […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Tumbles Below $89K Amid Sector-Wide Bloodbath

The largest cryptocurrency slid as low as $86,873 in after-hours trading, the lowest bitcoin has fallen in three months BTC Sees Sharp Decline as Trading Volume Surges 178% in Market Sell-Off

The Token Everyone’s Been Waiting For—Ozak AI Brings Real Utility and Game-Changing Potential!

The post The Token Everyone’s Been Waiting For—Ozak AI Brings Real Utility and Game-Changing Potential! appeared first on Coinpedia Fintech News The crypto ecosystem has become alive with

XRP Spikes on SEC ETF Filings as ChowWow Passes $181k

The post XRP Spikes on SEC ETF Filings as ChowWow Passes $181k appeared first on Coinpedia Fintech News The chances of an XRP ETF approval in 2025 have increased significantly as reports show that

MicroStrategy Invests Additional $2B in Free-Falling Bitcoin, Could Resurrect Altcoins like BTC Bull Token

Strategy (formerly MicroStrategy) executive chairman, billionaire Michael Saylor, announced a recent 20,356 Bitcoin ($BTC) purchase, raising the company’s $BTC count to 499,096 The purchase cost

Dogecoin Price Prediction for February 2025: Which Cheap Crypto Below $1 Will be 2025’s DOGE?

The post Dogecoin Price Prediction for February 2025: Which Cheap Crypto Below $1 Will be 2025’s DOGE appeared first on Coinpedia Fintech News Maintaining its reputation as a well-known digital

Dogwifhat Rumored Correction Imminent as Pepeto is Named Next 100x Memecoin

The post Dogwifhat Rumored Correction Imminent as Pepeto is Named Next 100x Memecoin appeared first on Coinpedia Fintech News The price of Dogwifhat (WIF) showed continuous decline reaching an 898%