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Stock impact report

Canaan Inc. Announces Strategic Investment from Brevan Howard, Galaxy Digital, and Weiss Asset Management

Canaan Inc. - American Depositary Shares (CAN) 
Company Research Source: PR Newswire
Investment from top-tier institutional investors advances Canaan's mission to build next-generation bitcoin and high-performance computing infrastructure Straight equity investment reflects Canaan's strong fundamentals and disciplined growth approach SINGAPORE, Nov. 4, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that BH Digital, a division of Brevan Howard, Galaxy Digital, and Weiss Asset Management (in alphabetical order) made a strategic investment totaling US$72 million in Canaan through the purchase of American depositary shares ("ADSs"), each representing 15 Class A ordinary shares of the Company. No warrants, options, or other derivative instruments were issued as part of this transaction. This investment represents a strategic shift in Canaan's capital mar Show less Read more
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