JGN Technology Releases 2024 Financial Report: Total Revenue of $269.3 Million, Holding a Total of 1371.9 Bitcoins

BlockBeats News, March 26th, Bitcoin-listed mining firm Jianan Technology released its 2024 financial report through official channels. The unaudited financial performance data for the fourth quarter and full year ended December 31, 2024, showed that the total revenue for the full year of 2024 reached $269.3 million, a year-on-year increase of 27.4%.

In 2024, Jianan Technology's total annual company sales hash rate reached 26 million TH/s, a year-on-year increase of 32.6%. In addition to the significant growth in total sales hash rate, mining revenue in the fourth quarter reached $15.3 million, a year-on-year increase of 312.5%, mining 186 bitcoins.

The total self-mining revenue for the full year of 2024 was $44.02 million, a year-on-year increase of 29.6%.

Jianan Technology expects that the total revenue for the full year of 2025 will reach $900 million to $1.1 billion. For the first quarter of 2025, the company expects total revenue to be around $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 held a total of 1371.9 bitcoins, and the total fair value of cryptocurrency assets held and cryptocurrency receivables was $131.4 million.