Intchains Group Limited Reports 2025 Financial Results

Intchains Group Ltd. ADR ( (ICG) ) has released its Q2 earnings. Here is a breakdown of the information Intchains Group Ltd. ADR presented to its investors.

Intchains Group Limited, a company specializing in altcoin mining products and Ethereum-based cryptocurrency holdings, has released its financial results for the second quarter and first half of 2025. The company, known for its innovative Web3 applications, reported a significant increase in its Ethereum holdings, reinforcing its position as a leading ETH treasury holder among public companies globally.

In the second quarter of 2025, Intchains Group experienced a notable decline in revenue, reporting RMB43.2 million compared to RMB123.0 million in the same period of 2024. This decline was attributed to cyclical market fluctuations and reduced demand for mining products. Despite the operational loss of RMB16.2 million, the company achieved a net income of RMB38.3 million, driven by gains in the fair value of its cryptocurrency holdings.

For the first half of 2025, the company reported a revenue increase of 19.2% year-over-year, reaching RMB175.6 million. However, net income for the period decreased significantly to RMB4.3 million from RMB35.6 million in the previous year. The company highlighted its strategic focus on expanding its ETH reserves and enhancing its altcoin mining machine portfolio, with substantial investments in research and development.

Looking ahead, Intchains Group remains optimistic about its long-term growth prospects. The company plans to continue its strategic investments in altcoin mining technology and ETH treasury management to capitalize on emerging market opportunities. Management anticipates that these initiatives will drive tangible growth and improved profitability in 2026, positioning the company for success in the evolving blockchain ecosystem.