📰 Canaan Booked an $8 Million Q3 Profit While Its Operations Lost $42.9 Million
Canaan returned to a GAAP profit on bitcoin marks, but revenue fell 90% year over year, mining margins were 1.4% after depreciation, and most of its treasury secures term loans.
Source : Blockchainreporter
Time : 2026-11-10 23:28:49
Credit : jide idowu
#bitcoinmining #crypto_market_news #bitcoin_news #bitcoin #mining
$BTC
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Canaan returned to a GAAP profit on bitcoin marks, but revenue fell 90% year over year, mining margins were 1.4% after depreciation, and most of its treasury secures term loans.
Source : Blockchainreporter
Time : 2026-11-10 23:28:49
Credit : jide idowu
#bitcoinmining #crypto_market_news #bitcoin_news #bitcoin #mining
$BTC
Share your opinion in the comment section below