Canaan Inc. Provides November 2025 Bitcoin Production and Mining Operation Updates
Canaan Inc. - American Depositary Shares (CAN)
Company Research
Source: PR Newswire
Deployed hashrate and operating hashrate increased despite market headwindsCryptocurrency treasury reaches record 1,730 BTC and 3,951 ETH at month end Operating hashrate poised to grow with approximately 1 EH/s mining capacity expected to come online by the end of 2025SINGAPORE, Dec. 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 ending November 30, 2025, showcasing solid mining output, record crypto holdings, and confirmed expansion plans entering the year-end.Management Commentary"November highlighted the strength of our operational execution and the scalability of our platform," said Nangeng Zhang, chairman and chief executive officer of Canaan. "Navigating a dynamic market environment, we remained focused on efficiency and performance, delivering stable production of 89?BTC, while growing our deployed hashrate to 9.41 EH/s and our operational hashrate to
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News
- Canaan (NASDAQ:CAN) was upgraded by analysts at BTIG Research to a "strong-buy" rating.MarketBeat
- Canaan (NASDAQ:CAN) is now covered by analysts at BTIG Research. They set a "buy" rating on the stock.MarketBeat
- Bitcoin mining in China rebounds, defying 2021 ban [BNN Bloomberg (Canada)]BNN Bloomberg
- Canaan (NASDAQ:CAN) had its price target lowered by analysts at B. Riley from $3.00 to $2.50. They now have a "buy" rating on the stock.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
CAN
Earnings
- 11/18/25 - Beat
CAN
Sec Filings
- 12/12/25 - Form SCHEDULE
- 12/10/25 - Form 6-K
- 11/18/25 - Form 6-K
- CAN's page on the SEC website