Canaan Technology: The total amount of Bitcoin held reaches 1355
ChainCatcher reports that Nasdaq-listed company Canaan Technology has released its Bitcoin mining operation update for February 2025 and announced the preliminary unaudited financial settlement as of December 31, 2024. It disclosed that the total number of Bitcoins held by the company reached 1355. Since February this year, it has achieved a full operational capacity of 0.93 EH/s, and the total revenue for the fourth quarter of 2024 is expected to be approximately $89 million.
Previous news reported that Canaan Technology had a balance sheet with a Bitcoin holding amounting to 1319 at the end of January.
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