Jia Nan Technology announced its third-quarter financial report, with its Bitcoin holdings increasing to 1,231.3 coins.

According to BlockBeats, on November 20, Canaan Inc. (NASDAQ: CAN) released its unaudited financial performance report for the period ending September 30, 2024. The report shows that total revenue for the third quarter was $73.61 million, a year-on-year increase of 120.9%; total sales computing power was approximately 7.30 million Thash/s, a year-on-year increase of 93.8%; mining revenue was $8.96 million, with 147 bitcoins mined, averaging $61,034 per bitcoin; operating loss was $56.84 million, narrowing by 49.6% year-on-year.

As of September 30, 2024, the company held a total of 1,231.3 bitcoins, with a total fair value of cryptocurrency assets and cryptocurrency receivables amounting to $79.02 million.