Jia Nan Technology's Q1 2024 revenue is 35.09 million USD, holding 1,057 bitcoins

ChainCatcher news, Canaan Inc. announced today its unaudited financial results for the three months ended March 31, 2024, showing revenue of $35.09 million, exceeding the previous expectation of $33 million by 6%. Among this, mining revenue was $10.46 million, a quarter-over-quarter increase of 182.1%. The company holds 1,057 bitcoins. The net loss was $39.39 million, a quarter-over-quarter decrease of 71.7% and a year-over-year decrease of 53.3%.