According to CoinMeta, Wu said that Canaan Creative (NASDAQ: CAN) , a Bitcoin mining machine manufacturer, released its unaudited financial report for the third quarter on November 10th. The revenue was $14.54 million, a year-on-year decrease of about 90.3%. Of this, the sales revenue from mining machines was $4.82 million, and the mining income was $9.47 million. The company achieved a net profit of $7.96 million, but still incurred an operating loss of $42.88 million. During the quarter, changes in the fair value of crypto assets and financial derivatives brought about $51.94 million in non-cash income. In the third quarter, the company mined 133 BTC, and as of the end of September, it held approximately 1,875 BTC. Canaan Creative also disclosed that it is advancing two power resource projects of 1GW each in Texas, USA, and announced the launch of a stock repurchase plan worth up to $20 million.