Express

Bitcoin Mining Hardware Manufacturer Canaan Lost $148.6M In 2019

Ramsey Baker

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

Last Update:

Tags: ,,,,,
Link: Bitcoin Mining Hardware Manufacturer Canaan Lost $148.6M In 2019   [Copy]
Next:

Related Articles

  • Vishwa Advances Agentic Infrastructure Research Through Contribution to Emerging Framew... 4 days ago
  • BitMart US Launches Operations with 49-State Licensing and Zero-Fee Program 8 days ago
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 27 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 28 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? October 22, 2025

    • You need to login to comment.