CAN - Canaan Inc.
SINGAPORE, Sept. 1, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it plans to report its financial results for the second quarter ended June 30, 2026, before the U.S. market opens on September 8, 2026.
SINGAPORE, Aug. 25, 2026 /PRNewswire/ – Canaan Inc. (NASDAQ: CAN)("Canaan" or the "Company"), an innovator in computing and energy infrastructure, will be an exhibitor at the Bitcoin Asia conference, to be held from August 27 to 28, 2026, at the Hong Kong Convention and Exhibition Centre (HKCEC). Offering a Full-Spectrum Bitcoin Computing Network At this year's edition of Bitcoin Asia, Canaan will showcase its concept of "From Enterprise to Home," demonstrating how efficient, stable, and reliable technologies enable high-quality hashrate equipment to adapt to many operating environments.
SINGAPORE, Aug. 17, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today released its unaudited bitcoin mining update for the month ending July 31, 2026. Management Commentary "July was a month of continued operational discipline as we navigated a dynamic mining environment," said Nangeng Zhang, chairman and chief executive officer of Canaan.
Repurchases will be executed under the Company's existing share repurchase authorization SINGAPORE, Aug. 4, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it has authorized its management to monetize a portion of its digital asset treasury to fund repurchases of its American depositary shares ("ADSs") under the share repurchase program authorized by its board of directors (the "Board") effective December 12, 2025. The Company may fund further repurchases using its digital asset proceeds, depending on the trading price of its ADSs, prevailing market conditions, working capital requirements, and other considerations.
Canaan Inc. Sponsored ADR (NASDAQ: CAN - Get Free Report) has received an average recommendation of "Moderate Buy" from the eight analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating on the company.
SINGAPORE, July 15, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it has received written notification from The Nasdaq Stock Market LLC ("Nasdaq") granting the Company an additional 180-day period, or until January 11, 2027, to regain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The Company satisfies the continued listing requirement for market value of publicly held shares and all other applicable listing requirements for initial listing on the Nasdaq Capital Market, except for the minimum bid price requirement.
Joint venture hashrate recovers significantly, approaches full-installed capacity SINGAPORE, July 14, 2026 /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 June 30, 2026. Management Commentary "June was a month of consolidation and recovery, and we remained focused on disciplined execution across our mining operations," said Nangeng Zhang, chairman and chief executive officer of Canaan.
Applies for additional 180-day minimum bid price compliance period SINGAPORE, July 6, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") has approved the transfer of the listing of the Company's American Depositary Shares ("ADSs"), each representing 15 Class A ordinary shares, from the Nasdaq Global Market to the Nasdaq Capital Market. The transfer became effective at the opening of trading on July 1, 2026.
Dieppe, New Brunswick--(Newsfile Corp. - June 24, 2026) - Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") is pleased to announce the voting results from its Annual and Special Meeting of Shareholders (the "Meeting") held on June 19, 2026 in Dieppe, New Brunswick.
Open market purchases underscore management's confidence in Canaan's long-term growth strategy SINGAPORE, June 24, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its chairman and chief executive officer, Nangeng Zhang ("Zhang"), and chief financial officer, Jin "James" Cheng ("Cheng"), recently purchased additional shares of the Company's stock in the open market. The purchases were made in compliance with the Company's internal trading policies and applicable securities regulations.
Dieppe, New Brunswick--(Newsfile Corp. - June 18, 2026) - Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") is pleased to announce its 2026 exploration program, which will encompass all three of its 100% owned projects located in the Gaspé Peninsula, Québec: Lac Arsenault, Robidoux, and VG Boulder.
North America n fleet efficiency improved by ~11% YoY, reach ing a record 17.9J/TH Further expanded global operations with hash-to-heat deployment in the Nordic region SINGAPORE, June 11, 2026 /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 May 31, 2026. Management Commentary "As we continued to streamline our self-mining portfolio and improve operational efficiency, our mining operations delivered solid results during May," said Nangeng Zhang, chairman and chief executive officer of Canaan.
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Canaan's Q1 call highlights West Texas power assets, inventory cleanup and tighter costs as it pivots beyond mining rigs.
Canaan Inc. (CAN) Q1 2026 Earnings Call Transcript
The headline numbers for Canaan (CAN) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Canaan NASDAQ: CAN said its first-quarter 2026 results reflected a difficult operating environment for bitcoin miners, as lower bitcoin prices, weak hash prices and geopolitical and energy-market uncertainty weighed on demand for mining equipment.
Canaan (CAN) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.27 per share a year ago.
Revenue of US$62.7 million was in line with guidance; cryptocurrency treasury[1] reached a record 1,807.60 BTC and 3,951.53 ETH as of March 31, 2026 Installed mining computing power across 10 joint-mining projects reached approximately 11 EH/s, up 10.7% sequentially; Produced 257 bitcoins in Q1 Strategic energy infrastructure footprint expanded through the acquisition of 49% interest in ABC Projects in West Texas from Cipher Mining and Nordic hash-to-heat deployment SINGAPORE, May 19, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced its unaudited financial results for the three months ended March 31, 2026. First Quarter 2026 Operating and Financial Highlights Metrics Q1 2026 Market-readable takeaways Total revenue US$62.7 million In line with guidance Product revenue US$42.9 million Completed final deliveries under a major U.S. order Mining revenue US$19.1 million Resilient production despite BTC/hashprice volatility BTC produced 257 BTC Continued mining output Crypto treasury 1,807.60 BTC / 3,951.53 ETH Record high treasury Installed mining computing power ~11 EH/s Up 10.7% QoQ All-in power cost ~US$0.04/kWh Competitive mining cost base G&A expense US$15.0 million Down 11% QoQ Subsequent customer cash collections ~US$42 million Liquidity improved after quarter-end ABC Projects 49% interest / ~4.4 EH/s operating hashrate West Texas energy-compute footprint Nordic hash-to-heat Project 8MW planned / 2MW in operation Sustainable compute infrastructure use case Total revenues were US$62.7 million, which was in line with the Company's previous guidance range.
High-temperature heat reuse converts compute waste into scalable district heating infrastructure Project provides additional validation of Canaan's expansion into energy-integrated compute infrastructure SINGAPORE, May 19, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has been selected to support a district heating network in the Nordic region. The heating solution, developed in partnership with a leading Nordic heating provider (the "Customer"), utilizes Canaan's advanced Avalon A1566HA series hydro-cooled units with a combined capacity of approximately 8 MW.