Canaan’s stock surged on Tuesday after the Bitcoin mining chipmaker delivered its strongest quarterly performance in years, posting a 104% jump in revenue and a return to positive gross profit despite ...
Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks ...
Canaan has entered the bitcoin mining business with deals to jointly operate facilities in Kazakhstan. The move comes as such mining operations become increasingly difficult due to growing bans by ...
Canaan partners with SynVista to build an AI-driven renewable Bitcoin mining platform with onchain tokenization.
"In May 2025, despite the 10% increase in tariffs on our Malaysia-made Bitcoin mining machines due to ongoing U.S. trade uncertainties, we remained focused on executing our strategic priorities with ...
Shares in Canaan surged on Tuesday after the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year, driven by a high demand for equipment as multiple miners saw ...
Canaan Inc. (NASDAQ: CAN), an innovator in Bitcoin mining, reported today their bitcoin mining update for the month ending May 31, 2025, with 109 bitcoins mined. The company’s total bitcoin holdings ...
Despite strong orders for its latest-generation Bitcoin mining machines, Canaan stock remains on shaky footing. Investors appear to be bemoaning the company's current fundamentals, which are far from ...
BEIJING, Jan. 4, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has entered into strategic ...
BEIJING, Oct. 29, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has secured a follow-on ...
"We're pleased to report quarter-over-quarter improvement in our bitcoin mining performance, with monthly production resulting in 89 bitcoins, driven by a stronger bitcoin price and lower average ...