Canaan Technology announced a strategic restructuring to focus on encryption infrastructure and Bitcoin mining.

[Jiangnan Technology announces strategic restructuring, focusing on encryption infrastructure and Bitcoin mining] According to official news, Jiangnan Technology has announced the launch of a strategic restructuring. Its chairman and CEO, Zhang Nangen, stated that the company will focus on encryption infrastructure and Bitcoin mining, including Bitcoin Mining Rig sales, self-operated mining business, and consumer-oriented mining products. In addition, Jiangnan Technology disclosed that the revenue generated from the sale of Edge Computing products for the fiscal year 2024 is approximately $900,000. The unaudited operating expenses related to this business account for about 15% of the company’s total operating expenses for the fiscal year 2024.

BTC-7,03%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)