Canaan Technology's second-quarter financial report: revenue reached US$246.7 million, an increase of nearly 22% from the previous quarter, and held 346.84 BTC as of June 30

In the second quarter financial report released by Canaan Technology, the revenue for the quarter was 246.7 million US dollars, an increase of 21.9% from the previous quarter, and a year-on-year increase of 52.8%. The total computing power sold is 5.5 million Thash/s. In addition, Canaan Technology’s gross profit in the quarter was US$138.8 million and net profit was US$90.9 million, an increase of 37.9% from the previous quarter. As of June 30, 2022, Canaan Technology holds a total of 346.84 bitcoins.