Canaan Inc. (CAN) Focused on High-Performance Computing Opportunities amid Stable BTC Business [Yahoo! Finance]
Canaan Inc. - American Depositary Shares (CAN)
Company Research
Source: Yahoo! Finance
strong growth in its mining operations, reporting a 61% year-over-year increase in operating hashrate and an 82% jump in installed hashrate, reaching 9.91 EH/s. The company mined 86 BTC in December and closed 2025 with record crypto holdings of 1,750 BTC and 3,951 ETH. Portogas D Ace/Shutterstock.com Canaan also expanded its global power capacity to more than 250 MW across nine projects, improved miner efficiency to 24.3 J/TH, renewed a $30 million share buyback program, and launched a 3 MW heat-recovery initiative in Canada. However, despite outperforming the Bitcoin network's 34% hashrate growth, the company continues to face financial pressure, with a negative 58% free cash flow yield and its stock down 52% over the past year. On January 6, Canaan Inc. (NASDAQ:CAN) unveiled a 3.0 MW proof-of-concept program with Bitforest Investment Ltd, designed to recover heat from an Avalon Computing system. The companies plan to use the recovered heat as a supplemental source for greenhou
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CAN
News
- Canaan Inc. Receives Nasdaq Notification Regarding Minimum Bid RequirementsPR Newswire
- Canaan (NASDAQ:CAN) had its "buy" rating reaffirmed by analysts at BTIG Research.MarketBeat
- Canaan (NASDAQ:CAN) had its "buy" rating reaffirmed by analysts at Rosenblatt Securities. They now have a $4.00 price target on the stock.MarketBeat
- Canaan Inc. Provides December 2025 Bitcoin Production and Mining Operation UpdatesPR Newswire
- Canaan (CAN) Growth Momentum Strengthens Following 3.0 MW Proof-of-Concept Project Announcement [Yahoo! Finance]Yahoo! Finance
CAN
Earnings
- 11/18/25 - Beat
CAN
Sec Filings
- 1/16/26 - Form 6-K
- 1/14/26 - Form 6-K
- 1/6/26 - Form 6-K
- CAN's page on the SEC website