<p>According to Foresight News, Nasdaq-listed company Canaan Inc. has released its Bitcoin mining operation update for February 2025 and announced its preliminary unaudited financial settlement for the fourth quarter ending December 31, 2024. The report disclosed that the total amount of Bitcoin held by the company has reached 1,355 coins, achieving a fully operational hash rate of 0.93 EH/s since February of this year. The total expected revenue for the fourth quarter of 2024 is approximately $89 million.</p>

Foresight News reports that Nasdaq-listed company Canaan Technology has released an update on its Bitcoin mining operations for February 2025 and announced its preliminary unaudited financial settlement for the fourth quarter ending December 31, 2024. The report disclosed that the company holds a total of 1,355 Bitcoins and has achieved a fully operational hash rate of 0.93 EH/s since February of this year. Total revenue for the fourth quarter of 2024 is expected to be approximately $89 million.

Canaan Technology: Holds a total of 1,355 bitcoins