Bitcoin Miner Canaan’s Stock Spikes After Q3 Revenue Rise, Even as BTC Falls
Canaan Inc., a Bitcoin mining firm, saw its stock price rise by nearly 16% following the release of its Q3 2025 earnings report, which highlighted a 104% year-over-year increase in revenue, reaching $150.5 million. Revenue growth was driven by a significant uptick in mining machine sales and self-operated mining