Jianan Technology's total revenue in 2024 reached $269.3 million, and as of 2024, it holds a total of 1371.9 bitcoins

Odaily Planet Daily News: Bitcoin listed mining company Canaan Technology has released its 2024 financial report through official channels. According to unaudited financial performance data for the fourth quarter and full year ending December 31, 2024, the total revenue for the year reached $269.3 million, a year-on-year increase of 27.4%. Jia Nan Technology's total sales for the year 2024 reached 26 million TH/s, a year-on-year increase of 32.6%. In addition to a good increase in total sales computing power, mining revenue reached $15.3 million in the fourth quarter, a year-on-year increase of 312.5%, and 186 bitcoins were mined. The total revenue of self operated mining in 2024 was $44.02 million, a year-on-year increase of 29.6%. Jianan Technology expects its total revenue for the year 2025 to reach 900 million to 1.1 billion US dollars. For the first quarter of 2025, the company expects total revenue to be approximately $75 million. For the second quarter of 2025, the company expects total revenue to be between $120 million and $150 million. As of December 31, 2024, the company holds a total of 1371.9 bitcoins, with a total fair value of $131.4 million for its cryptocurrency assets and cryptocurrency accounts receivable.