Bitcoin Miner Canaan’s Stock Spikes After Q3 Revenue Rise, Even as BTC Falls
Canaan Inc., a Bitcoin mining firm, saw its stock rise nearly 16% following a Q3 2025 earnings report that revealed a 104% year-over-year revenue increase. Despite the positive growth, Bitcoin prices fell to a seven-month low below $90,000, trading at around $93,500. Canaan reported total revenues of $150.