Hydro-cooled Avalon® A1566HA servers deployed at major Japanese utility Project underscores Canaan's ability to support grid efficiency amid rising residential and data-center power demand SINGAPORE , Oct. 30, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced a 4.5-megawatt sales contract with an electrical engineering sol...
Despite strong orders for its latest-generation Bitcoin mining machines, Canaan stock remains on shaky footing. Investors appear to be bemoaning the company's current fundamentals, which are far from positive.
Delivering 300 TH/s in computing power with industry-leading energy efficiency of 12.8J/TH, the A16XP showcases Canaan's continued leadership in mining innovation and operational excellence SINGAPORE , Oct. 28, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced the official launch of its latest generation bitcoin mining mac...
Strong operational execution and strategic initiatives reinforce Canaan's long-term growth outlook SINGAPORE , Oct. 16, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has received a written compliance notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") d...
Strategic initiative to convert flared natural gas into low-cost power for high-density computing Scalable low-cost natural gas power model designed to strengthen mining economics Annual reduction of approximately 12,000–14,000 metric tons of CO₂-equivalent emissions expected SINGAPORE , Oct. 13, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto ...
Deployed hashrate climbs to historic high of 9.30 EH/s Cryptocurrency treasury reaches record 1,582 BTC and 2,830 ETH Largest miner order in three years secured SINGAPORE , Oct. 10, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ended September 30, 2025. Management Commen...
I see clear signs of a turnaround in the sentiment surrounding this stock. These include both company-wide developments and tailwinds in the crypto space. The Sept 8 Luxor financing, Sept 30 Soluna 20 MW A15 XP deployment, and the Oct 2, 50,000 A15 Pro order are strong news leading to a breakout beyond $1. Industry-wide, Riot's hashrate reached 36.4 EH/s in August with BTC production +48% yoy. ...
Canaan's (CAN 26.92%) shares ended up having quite the explosive week on the market, in the best way possible. Following news Thursday morning that it had been on the receiving end of a very sizable order of the crypto mining equipment in which it specializes, investors tripped over themselves buying up the stock.
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