https://api.news.ops.bitcoin.com/mining-rig-producer-canaans-q1-unrealized-gains-narrow-net-loss-to-39-4-million/
In 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 [……
Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
Published in Business and Uncategorized
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