Canaan Inc. Provides January 2026 Bitcoin Production and Mining Operation Updates
Canaan Inc. - American Depositary Shares (CAN)
Company Research
Source: PR Newswire
Achieved record high cryptocurrency treasury of 1,778 BTC and 3,951 ETH Deployed global hashrate exceeded 10 EH/sSINGAPORE, Feb. 10, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending January 31, 2026.Management Commentary"Our results for January 2026 demonstrate the resilience and adaptability of our global mining operations," said Nangeng Zhang, chairman and CEO of Canaan. "Despite macroeconomic headwinds and record winter storms across North America, our operational discipline allowed us to increase our bitcoin balance. As part of our joint mining arrangement, our joining mining partners worked closely with us on curtailment to balance power loads during high-demand periods, including in areas affected by Winter Storm Fern. These actions were aimed at maximizing long-term economics and highlight both the agility of our operating model and the inherent flex
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News
- Canaan (NASDAQ:CAN) had its price target lowered by analysts at Benchmark Co. from $4.00 to $2.00. They now have a "buy" rating on the stock.MarketBeat
- Canaan (NASDAQ:CAN) had its "buy" rating reaffirmed by analysts at BTIG Research. They now have a $3.00 price target on the stock.MarketBeat
- Canaan (NASDAQ:CAN) had its "buy" rating reaffirmed by analysts at HC Wainwright.MarketBeat
- Canaan Inc (CAN) Q4 2025 Earnings Call Highlights: Record Revenue Amid Market Challenges [Yahoo! Finance]Yahoo! Finance
- Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2025 Financial ResultsPR Newswire
CAN
Earnings
- 2/10/26 - Miss
CAN
Sec Filings
- 2/11/26 - Form SCHEDULE
- 2/10/26 - Form 6-K
- 2/10/26 - Form 6-K
- CAN's page on the SEC website