PANews reported on March 3 that according to PRNewswire, Canaan Technology released an unaudited monthly update of its Bitcoin mining business as of February 2025, which disclosed that 82 Bitcoins were mined in February 2025, and the number of Bitcoins held on Canaan Technology's balance sheet at the end of the month was 1,355. The deployed computing power at the end of the month was ~6.28 EH/s, and the operating computing power at the end of the month was ~5.73 EH/s. It is expected that the total revenue in Q4 2024 will reach US$89 million, exceeding the previous expectation (US$80 million).