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Latest breaking news and updates for CAN stock.

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Canaan Inc. Supplies Avalon® ASIC Kits for Bitfury's North American Infrastructure Upgrade

Bitfury to enhance large-scale digital asset operations with Avalon-powered upgrade kits Order marks milestone in joint R&D under strategic business collaboration SINGAPORE, Aug. 28, 2025 /PRNewswi...

Will this strategic collaboration drive broader market adoption of Canaan's technology, potentially influencing the stock's valuation and market share in the crypto‑mining hardware sector? What are the pricing and supply terms of the Avalon® ASIC kits, and could they constrain or boost Bitfury's mining capacity relative to competitors? How will the partnership with Bitfury affect Canaan's revenue and margins in the next quarters?
Partnership
18 days ago
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Canaan Inc. Reports Unaudited Second Quarter 2025 Financial Results

Total revenues of US$100.2 million exceeded guidance, up 39.5% YoY Bitcoin mining revenues reached an all-time high of US$28.1 million, up 201.6% YoY Bitcoin treasury[1] climbed to a milestone of 1...

How could the performance of Canaan's mining hardware (efficiency, power consumption) affect its market share and pricing power moving forward? Does the unaudited nature of the Q2 results raise any concerns about the reliability of the reported figures? What guidance did management provide for Q3 and Q4 2025, and how does it align with analyst expectations?
Earnings
about 1 month ago
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Canaan Inc. to Report Second Quarter 2025 Financial Results on August 14, 2025

SINGAPORE, Aug. 7, 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 s...

Does the company provide any updates on supply‑chain constraints or inventory levels that could affect future earnings? What macro‑economic or regulatory factors could affect the company's outlook after this earnings release? How does Canaan’s Q2 performance compare to that of other crypto‑mining hardware manufacturers (e.g., Bitmain, Ebang, Marathon Digital)?
Earnings
about 1 month ago
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