Canaan Technology: The total amount of Bitcoin held has reached 1,355
This article is curated by MyToken. Keep track of the latest crypto movements and insights.
NASDAQ-listed company Canaan Technology has released an update on its Bitcoin mining operations for February 2025 and disclosed the unaudited financial settlement for the fourth quarter ending on December 31, 2024. It revealed that the company holds a total of 1355 bitcoins, has achieved a fully operational hash rate of 0.93 EH/s since February this year, and is expected to generate approximately $89 million in total revenue for the fourth quarter of 2024.
Disclaimer
The content provided on this page is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry inherent risks. Please conduct your own research before making any investment decisions.