Canaan Inc - ADR Stock News

Deployed hashrate climbs to historic high of 9.30 EH/s Cryptocurrency treasury reaches record 1,582 BTC and 2,830 ETH Largest miner order in three years secured SINGAPORE , Oct. 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 ended September 30, 2025. Management Commen...

I see clear signs of a turnaround in the sentiment surrounding this stock. These include both company-wide developments and tailwinds in the crypto space. The Sept 8 Luxor financing, Sept 30 Soluna 20 MW A15 XP deployment, and the Oct 2, 50,000 A15 Pro order are strong news leading to a breakout beyond $1. Industry-wide, Riot's hashrate reached 36.4 EH/s in August with BTC production +48% yoy. ...

Canaan's (CAN 26.92%) shares ended up having quite the explosive week on the market, in the best way possible. Following news Thursday morning that it had been on the receiving end of a very sizable order of the crypto mining equipment in which it specializes, investors tripped over themselves buying up the stock.

Largest single order in the past three years includes more than 50,000 Avalon® A15 Pro bitcoin miners scheduled for delivery in fourth quarter 2025 SINGAPORE , Oct. 2, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has secured a purchase order from a U.S.-based bitcoin miner for more than 50,000 of its latest-ge...

Strategic Deal Advances Soluna's Texas Expansion and Supports Canaan's North American Mining Growth ALBANY, N.Y. and SINGAPORE , Sept.

ALBANY, N.Y. & SINGAPORE--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, and Canaan Inc. (Nasdaq: CAN) ("Canaan"), an innovator in crypto mining, today announced a strategic hosting agreement to deploy 20 megawatts (MW) of Avalon® A15 XP Bit...

Bitcoins mined month-over-month increases 10%, bitcoin treasury hits 1,547 Total estimated computing power exceeds 10 EH/s globally SINGAPORE , Sept. 8, 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 August 31, 2025.

Announces initial sale of 5,000+ Avalon A15 Pro bitcoin miners SINGAPORE , Sept. 8, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced a partnership with Luxor Technology Corporation ("Luxor") to provide flexible financing solutions, potentially making it easier for customers to acquire Avalon® mining machines.