Strong Revenue Growth
Total revenue for Q3 2025 exceeded $150 million, up 50.2% quarter over quarter and 104.4% year over year, surpassing guidance range of $125 million to $145 million.
Record Mining Machine Sales
Delivered a record high of 10 exahash per second of computing power in Q3, up 55.6% sequentially and 37.7% year over year.
Consumer Mining Success
The Avalon Home series generated over $12 million in revenue, a sequential increase of 115.3%, with a gross margin of approximately 33%.
Increased Bitcoin Holdings
Bitcoin holding reached an all-time high of 1,582 BTC by the end of Q3, with an additional purchase of 100 Bitcoins in early November.
Strategic Expansion
Signed a purchase agreement for over 50,000 A15 Pro models with a US-based miner client, highlighting growing recognition in North America.