[Moore Threads: Q1 Net Profit of 29.36 Million Yuan, Turns Loss into Profit During the Period] According to Jin10 reports, Moore Threads announced that in the first quarter of 2026, the company achieved revenue of 738 million yuan, a year-on-year increase of 155.35%. The net profit attributable to shareholders in Q1 was 29.36 million yuan, compared to a loss of 112 million yuan in the same period last year. During the reporting period, the company focused on the research and innovation of full-featured GPUs, with products achieving large-scale implementation, thereby driving rapid revenue growth. Previously, it was reported that Li Feng, co-founder of Moore Threads, known as the 'first domestic GPU stock,' was accused of issuing tokens to raise funds and failing to repay 1,500 BTC.