Canaan Inc - ADR Stock News

SINGAPORE , April 15, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that the Company will participate in the Jefferies Power x Coin Virtual Conference on April 16, 2025, at 2 pm ET. For more information about the conference, please contact your representative at Jefferies or contact the Company at IR@canaan-creative.com.

SINGAPORE , April 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 March 31, 2025. Management Commentary "We continued to execute on our North American expansion plan, and our results demonstrate the successful relationships that we've built with our existing par...

SINGAPORE , March 27, 2025 /PRNewswire/ -- Canaan Inc. introduces Avalon Q, a professional-grade Bitcoin mining machine specifically designed for home users. This breakthrough product combines institutional-level computing power with household power compatibility and whisper-quiet operation, making professional Bitcoin mining accessible to everyday enthusiasts.

Canaan Inc. essentially develops ASIC miners, mostly under the Avalon series, targeting both industrial and home Bitcoin mining. Still, there are regulatory and trade pressures from China and the US chip export constraints. Their recent Q4 2024 report showed record computing power sales and strong Bitcoin production.

Canaan Inc. (NASDAQ:CAN ) Q4 2024 Earnings Conference Call March 25, 2025 8:00 AM ET Company Participants Gwyn Lauber - Investor Relations Director Nangeng Zhang - Chairman and CEO James Cheng - CFO Leo Wang - VP of Capital Markets and Corporate Development Conference Call Participants Nick Giles - B. Riley Securities Kevin Cassidy - Rosenblatt Securities Kevin Dede - H.C.

Total revenues of US$88.8 million exceeds guidance, up 80.9% YoY Total computing power sold achieves record high of 9.1 million TH/s, up 65.9% YoY Bitcoin mining revenues reach US$15.3 million, up 312.5% YoY SINGAPORE , March 26, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced its unaudited financial results for the thre...

New mining partnerships to add ~4.7 EH/s M ining machines to be hosted at facilities in Pennsylvania and Texas Self-mining energization expected in coming months SINGAPORE , March 26, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a n innovator in crypto mining, today announced that wholly owned subsidiaries of Canaan have signed agreements that expand the Company's...

SINGAPORE , March 17, 2025 /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, 2024, before the U.S. market opens on March 26, 2025. The Company's management team will hold a conference call at 8:00 A.M.