MINUTES
About Minutes
Back to latest

EconomyCanaan’s Q3 revenue plunges 90% to $14.5 million as bitcoin mining hardware sales slump

Canaan’s third-quarter revenue dropped 90% to $14.5 million. Gains from cryptocurrency and derivatives helped the company post an $8 million profit.

Canaanquarterly earningsbitcoin mining hardwarecryptocurrency

TThe Block★★☆☆☆2026-11-10 16:02Original

Canaan’s Q3 revenue plunges 90% to $14.5 million as bitcoin mining hardware sales slump
Canaan’s Q3 revenue plunges 90% to $14.5 million as bitcoin mining hardware sales slumpEconomy