Odaily Planet Daily News Canaan Inc. announced its unaudited financial report for the three months ending March 31, 2024. The operating and financial highlights for the first quarter of 2024 include: 1. Revenue was $35.09 million, exceeding the previous expectation of $33 million by 6%. 2. Mining revenue was $10.46 million, a month-on-month increase of 182.1%. 3. The number of bitcoins held by the company exceeded 1,000 for the first time, reaching a record 1,057. 4. Net loss was $39.39 million, a month-on-month decrease of 71.7% and a year-on-year decrease of 53.3%.