Loading CAN detail
Loading ticker data...
Loading CAN detail
Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. It focuses on the development of green mining. The company was founded by Jia Xuan Li, Xiang Fu Liu and Nan Geng Zhang on January 19, 2013 and is headquartered in Singapore.
Chart data unavailable
Canaan Inc. Sponsored ADR (NASDAQ: CAN - Get Free Report) has been assigned an average rating of "Moderate Buy" from the nine brokerages that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and six have assigned a buy recommendation to the
SINGAPORE, March 31, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it will present at the Jefferies Virtual Power x Data Center Conference on March 31, 2026. The Company's presentation will begin at 11:00 a.m.
Doubles down on energy strategy with West Texas joint venture SINGAPORE, March 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 February 28, 2026. Management Commentary "Our continued strategic execution highlights the importance of integrating energy resources into our strategy as we strengthen our focus on expanding our US footprint and continuing our long-standing track record of operational excellence," said Nangeng Zhang, chairman and chief executive officer of Canaan.
SINGAPORE, March 3, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its chairman and chief executive officer, Nangeng Zhang ("Mr. Zhang"), and chief financial officer, Jin "James" Cheng ("Mr.
American Express (NYSE: AXP - Get Free Report) and Canaan (NASDAQ: CAN - Get Free Report) are both finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, institutional ownership, profitability, risk and dividends. Institutional and Insider Ownership 84.3% of American Express shares
Acquires 49% equity interest in Alborz LLC, Bear LLC, and Chief Mountain LLC Adds Cipher Mining as significant shareholder through non-cash transaction Includes acquisition of 6,840 Avalon® A15Pro mining rigs SINGAPORE, Feb. 23, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has acquired Cipher Mining Technologies Inc.'s (NASDAQ: CIFR) ("Cipher") 49% equity interest in the joint venture comprising Alborz LLC, Bear LLC, and Chief Mountain LLC (collectively, the "ABC Projects"). Following the acquisition, the Company now owns a 49% stake in the ABC Projects, while WindHQ LLC ("WindHQ") maintains its 51% stake in the ABC Projects.
Canaan (NASDAQ: CAN) executives said the company delivered its strongest quarterly revenue in three years in the fourth quarter of 2025, driven by a major North American mining machine order and record computing power sold, even as Bitcoin prices and network hash rate volatility pressured industry profitability. Quarterly results set a three-year high Chairman and CEO
Canaan Inc. (CAN) Q4 2025 Earnings Call Transcript
While the top- and bottom-line numbers for Canaan (CAN) give a sense of how the business performed in the quarter ended December 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Achieved record high cryptocurrency treasury of 1,778 BTC and 3,951 ETH Deployed global hashrate exceeded 10 EH/s SINGAPORE, 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.
Total revenues achieved US$196.3 million, up 121.1% YoY Bitcoin mining revenues reached US$30.4 million, up 98.5% YoY Cryptocurrency treasury[1] climbed to a record 1,750 BTC and 3,951 ETH as of December 31, 2025 Generated quarterly gross profit of US$14.6 million and annual gross profit of US$41.2 million Achieved record 14.6 EH/s quarterly computing power sold, reaching 36.5 EH/s in 2025 SINGAPORE, Feb. 10, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2025. Fourth Quarter 2025 Operating and Financial Highlights Total revenues surged to US$196.3 million, exceeding the median of the Company's previous guidance range, representing 121.1% year-over-year and 30.4% quarter-over-quarter growth.
SINGAPORE, Feb. 3, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it plans to report its financial results for the fourth quarter and full year ended December 31, 2025, before the U.S. market opens on February 10, 2026. The Company's management team will hold a conference call at 8:00 A.M.
Crypto mining hardware maker Canaan Inc. has received a warning from Nasdaq after its share price fell below the exchange's minimum requirement, putting the company at risk of delisting unless it can regain its stock price within the next six months.
SINGAPORE, Jan. 16, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that on January 14, 2026, it received a written notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the closing bid price of its American depositary shares (the "ADSs") was below US$1.00 per share for the last 30 consecutive business days. The Nasdaq notification letter has no immediate effect on the listing or trading of the Company's securities on Nasdaq.
Deployed hashrate up 82% year-over-year, significantly outpacing network growth Cryptocurrency treasury reaches record highs of 1,750 BTC and 3,951 ETH Installed power capacity exceeded 250 MW globally SINGAPORE, Jan. 14, 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 December 31, 2025. Management Commentary "We closed 2025 with solid bitcoin production and continued growth in deployed hashrate, despite a challenging yet evolving macroeconomic environment at the year-end," said Nangeng Zhang, chairman and CEO of Canaan.
