Intchains Group Ltd. Reports 19.2% Revenue Growth in H1 2025 vs H1 2024, Boosted by Ethereum Accumulation and Web3 Expansion
Reuters
Aug 21
Intchains Group Ltd. Reports 19.2% Revenue Growth in H1 2025 vs H1 2024, Boosted by Ethereum Accumulation and Web3 Expansion
Intchains Group Ltd. has released its unaudited financial results for the second quarter of 2025. The company reported a significant revenue growth of 19.2% when comparing the first half of 2025 to the same period in 2024. As of June 30, 2025, Intchains held approximately 8,816 Ethereum-based cryptocurrencies. The company also invested $5.8 million in research and development since the beginning of 2025. Intchains reported having $71.6 million in cash and investments with no debt by the end of the second quarter. The company's growth momentum is supported by a favorable regulatory environment in the U.S., and it continues to strategically invest in Ethereum accumulation and the development of Web3 applications. Intchains is a leading provider of high-performance altcoin mining products and is targeting small-scale and residential miners by offering affordable and efficient equipment. Intchains operates globally with a presence in Mainland China for research and development and in Singapore for sales and operation, employing over 130 people. The market capitalization of Intchains as of August 13, 2025, was $149.3 million.
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