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Bitcoin Mining Hardware Manufacturer Canaan Lost $148.6M In 2019
Summary: Nasdaq-listed bitcoin mining equipment maker, Canaan, has reported a net loss of $148 million for 2019. The China-based company has revealed its unaudited Q4 and 2019 financial results, filed with the Securities and Exchange Commission (SEC), which showed its total net revenue in 2019 was $204.3 million, nearly half of what the company was able ...
Nasdaq-listed bitcoin mining equipment maker, Canaan, has reported a net loss of $148 million for 2019.
The China-based company has revealed its unaudited Q4 and 2019 financial results, filed with the Securities and Exchange Commission (SEC), which showed its total net revenue in 2019 was $204.3 million, nearly half of what the company was able to earn in 2018.
By Ramsey Baker
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Tags: Bitcoin,Canaan,Loss,Mining,Nasdaq,SEC
Link: Bitcoin Mining Hardware Manufacturer Canaan Lost $148.6M In 2019 [Copy]
Tags: Bitcoin,Canaan,Loss,Mining,Nasdaq,SEC
Link: Bitcoin Mining Hardware Manufacturer Canaan Lost $148.6M In 2019 [Copy]