By Editor , 25 September 2026
Canaan's Bitcoin Miners Now Heat 2,800 Nordic Homes at 8 MW Scale

Singapore – September 24, 2026 -- Canaan Inc. (NASDAQ: CAN) confirmed that an 8 MW Bitcoin mining installation using its Avalon A1566HA hydro-cooled units is now fully online and delivering recovered heat to approximately 2,800 homes through a Nordic district heating network. The company will present the project alongside its residential heating-miner lineup at the BTCHEL conference in Helsinki, Finland, on September 25-26, at booth #6.

By Editor , 18 September 2026
Canaan Sells ETH Holdings, Buys Back 13.6M ADSs in August

Singapore – September 17, 2026 -- Canaan Inc. (NASDAQ: CAN) liquidated its entire Ethereum position and part of its bitcoin treasury in August 2026, generating approximately US$13.9 million in cash that funded the repurchase of 13.6 million American Depositary Shares.

By Editor , 12 September 2026

Singapore – September 11, 2026 -- Canaan Inc. (NASDAQ: CAN) reported unaudited second-quarter 2026 total revenue of US$31.9 million, down 49% from US$62.7 million in Q1 2026 and 68% below the US$100.2 million recorded in Q2 2025, as bitcoin price weakness and seasonal power constraints hit mining-rig demand.