【Crypto World】A well-known Bitcoin mining company just released its fiscal year 2025 results, and the numbers look good. Revenue increased by 40% year-over-year to CAD 47.3 million, with operating cash flow nearly doubling, jumping from last year’s figures to CAD 16.2 million.
In terms of mining achievements, this year they mined a total of 344 Bitcoins, bringing their total reserves to 342. As for hash rate, they have achieved continuous upgrades, currently reaching 1.70 EH/s. It should be noted that the company still reported a net loss of CAD 10.3 million on its books, but the overall net income was positive—CAD 11.3 million.
Interestingly, the management’s outlook for the company’s future is quietly changing. When explaining their development strategy, the CEO emphasized two directions: first, shifting towards artificial intelligence infrastructure; second, their subsidiary Systemic Trust has obtained qualified custodian status. These two sectors are highly anticipated and are expected to be key growth points in 2026.
It seems that mining companies are also thinking about how to adapt to industry changes, moving from pure Bitcoin production to broader infrastructure deployment.
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BlockchainBrokenPromise
· 12-21 12:48
Revenue increased by 40% and cash flow doubled, this data is quite impressive... But the books are still showing a loss, this trap has been played out in the mining circle, right?
Turning to AI infrastructure? Here we go again with storytelling, I've seen too many of these tactics before.
Holding 344 BTC, now that's the real deal.
Wait, did you get the custody qualifications? Is this preparing for institutions to get on board?
This is just like the traditional business model, with beautiful revenue masking losses, just talk about future stories.
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ForkItAll
· 12-21 11:52
Revenue rose by 40%, cash flow nearly doubled, and 342 BTC were still held... At first glance, these numbers can indeed impress people.
But how come there's a loss of over 10 million Canadian dollars on the books, while the paper profit is positive? I don't quite understand this accounting logic.
Shifting towards AI infrastructure and custody services? It feels like another story is being told; what's really reliable are these BTC we have in hand.
The Computing Power has indeed risen to 1.70 EH/s, but I wonder if the subsequent Mining Rig costs can be absorbed, especially since electricity rates are on the rise again.
If these 344 BTC can really be held onto, let's wait a few more years and see.
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token_therapist
· 12-18 13:29
A 40% increase looks good, but what's going on with the net loss of 10.3 million? How is this account calculated?
Hash rate has increased, and mining coins are also being accumulated, waiting for the wind to come.
Artificial intelligence infrastructure? Trying to ride the AI wave again, haha.
Secured custody qualification, this is heading towards the financial sector.
Actual cash flow doubling is the real deal; everything else is just paper games.
344 BTC, this year mining companies do seem to have something.
Wait, the comprehensive revenue is actually positive? That’s not scientific.
Can you still boast about losses? Truly daring to write a press release.
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GasFeeNightmare
· 12-18 13:28
10.3 million loss with 47.3 million revenue, this ledger is a bit mystical... Is the comprehensive profit reversed to make a profit? I need to carefully understand this logic.
Hash rate from 1.70 to what? Can we save gas? Haha just kidding, but shifting to AI infrastructure is an interesting move.
344 BTC mined, if there hadn't been the gas war back then, it would have saved a lot of money... Now it's too late no matter how you think about it.
Watching these data late at night, I always feel that revenue has doubled but we're still losing money. This story isn't that simple.
Switching to AI infrastructure? Mining players will also start competing for hash power. What else can we save in the future?
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metaverse_hermit
· 12-18 13:19
40% growth and still losing money? How is this calculated? The more I calculate, the more confused I get.
Hash rate has increased to 1.7; should we consider AI infrastructure next?
344 BTC a year, quietly making a fortune, huh?
Doubling cash flow is the real deal; those paper losses are just on paper.
Has Systemic Trust obtained custody qualification? Their layout is quite ambitious.
Net loss but overall return anyway, I just want to know what the real profit actually looks like.
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FreeRider
· 12-18 13:16
A 40% increase sounds good, but what's with the net loss of 10.3 million... Book numbers are always misleading.
Hashrate rising to 1.70EH makes things even more competitive; miners' days are getting harder and harder.
Switching to AI infrastructure? It seems like all mining companies want to turn around. Do they really see the future clearly?
344 BTC in a year, sounds like a lot, but it’s not really, as most of it has been eaten up by the coin price.
The key point is the custody qualification; it seems more valuable than mining itself.
Bitcoin mining companies see countercyclical growth in FY2025: revenue exceeds $47 million, mined 344 BTC, and hash rate rises to 1.70 EH/s
【Crypto World】A well-known Bitcoin mining company just released its fiscal year 2025 results, and the numbers look good. Revenue increased by 40% year-over-year to CAD 47.3 million, with operating cash flow nearly doubling, jumping from last year’s figures to CAD 16.2 million.
In terms of mining achievements, this year they mined a total of 344 Bitcoins, bringing their total reserves to 342. As for hash rate, they have achieved continuous upgrades, currently reaching 1.70 EH/s. It should be noted that the company still reported a net loss of CAD 10.3 million on its books, but the overall net income was positive—CAD 11.3 million.
Interestingly, the management’s outlook for the company’s future is quietly changing. When explaining their development strategy, the CEO emphasized two directions: first, shifting towards artificial intelligence infrastructure; second, their subsidiary Systemic Trust has obtained qualified custodian status. These two sectors are highly anticipated and are expected to be key growth points in 2026.
It seems that mining companies are also thinking about how to adapt to industry changes, moving from pure Bitcoin production to broader infrastructure deployment.