Gate News message, April 27 — Ebang International, a Nasdaq-listed mining equipment manufacturer, reported its 2025 fiscal year results showing total revenue of $6.5 million, up 11.4% year-over-year from $5.9 million in 2024. Net loss narrowed significantly to $14.2 million compared to $20.9 million in the prior year.
As of December 31, 2025, the company held $200.2 million in cash and cash equivalents. Under the new accounting standards adopted in 2025, fair value changes in cryptocurrency assets are now recorded in other expenses.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Optical communications stocks POET violated confidentiality obligations, and Celestial canceled its order, causing the stock price to plunge 44%
POET Technologies announced that after Marvell acquired Celestial AI, it has officially canceled Celestial AI’s purchase orders to POET, claiming that POET’s disclosure of procurement and shipping information violates confidentiality obligations. The stock price plunged by about 44%. POET said it will focus on its existing strategy and other customer orders, while also warning that there remains the risk of having to rebuild relationships and place new orders in the future.
ChainNewsAbmedia9m ago
Bitcoin Leads $1.2B Weekly Crypto Fund Inflows: CoinShares
Global crypto investment products from asset managers including BlackRock, ARK 21Shares, and Fidelity recorded $1.2 billion in net inflows last week as bitcoin traded near its highest level since early February, according to CoinShares. The weekly tally cooled slightly from the $1.4 billion reported
CryptoFrontier15m ago
Bill Ackman's Pershing Square Targets $5B IPO, 85% of Shares Already Subscribed
Gate News message, April 27 — Bill Ackman's Pershing Square USA Ltd. and Pershing Square Inc. are conducting an initial public offering (IPO) targeting approximately $5 billion in total capital raise, down from an initial target range of up to $10 billion. The offering includes $2.8 billion in
GateNews28m ago
Lise Completes World's First Tokenized IPO on Regulated Exchange
Gate News message, April 27 — Lise (Lightning Stock Exchange), a Paris-based regulated exchange, has closed what it describes as the world's first initial public offering (IPO) executed on a fully regulated, natively tokenized market infrastructure. ST GROUP, a French industrial SME supplying
GateNews32m ago
Northland Securities Downgrades AMD to Market Perform, Sets 12-Month Price Target at $260
Gate News message, April 27 — Northland Securities analyst Gus Richard downgraded Advanced Micro Devices (NASDAQ: AMD) from 'Outperform' to 'Market Perform' on April 27, citing intensifying competition from other chipmakers and Nvidia's strengthening partnership with TSMC as key headwinds limiting A
GateNews42m ago
