Canaan's financial report shows that its expected revenue in 2025 is US$900-1.1 billion
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Golden Finance reports that Canaan (NASDAQ: CAN) released an unaudited Bitcoin mining update as of December 31, 2024, and provided financial guidance for fiscal year 2025.
The company expects total revenue in fiscal 2025 to be between $900 million and $1.1 billion. In December 2024, the company issued a total of 62 Bitcoins.