Latest Canaan News & Updates

See the latest news and media coverage for Canaan. We track all announcements, press releases, and industry mentions in real time, all in one place.

Canaan

Bitcoin miner manufacturer

canaan.io

Headquarters: Singapore, Singapore
Founded year: 2013
Company type: Private company
Number of employees: 500–1,000

Last updated Today

Latest news about Canaan

In short: Canaan reported a widening Q1 2026 net loss of $88.7 million despite reaching record bitcoin holdings and expanding its hash-to-heat operations.

Company announcements

May 19 Canaan

Canaan reports Q1 2026 financial results

Revenue was $62.7 million, crypto treasury reached record 1,807.60 BTC, and acquired 49% interest in ABC Projects.

May 19 Canaan

Canaan wins bid for hash-to-heat in Nordic district heating

Using A1566HA hydro-cooled units, the system replaces traditional heating with compute waste heat, expanding Canaan's energy-integrated infrastructure.

March 3 Canaan

Canaan announces open market share purchases by CEO and CFO

The purchases reflect confidence in long-term strategy and growth prospects.

February 23 Canaan

Canaan acquires Cipher Mining's interest in multiple mining projects

The deal adds ~4.4 EH/s hashrate capacity in West Texas and includes 6,840 Avalon miners.

Media coverage

June 12 GuruFocus

Invesco Ltd. Expands Stake in Canaan Inc. with Significant Share

Transaction Overview On May 29, 2026, Invesco Ltd. (Trades, Portfolio) executed a substantial stock transaction involving Canaan Inc., a developer of supercompu...

June 11 GuruFocus

Canaan (CAN) Reports Strong May Bitcoin Mining Performance

On June 11, 2026, Canaan Inc CAN published its preliminary bitcoin mining summary for May, showcasing notable achievements in cryptocurrency holdings. Canaan's recent report highlights...

May 26 Newser

Canaan Inc. Q1 2026 Earnings: Deep EPS Miss Signals Continued Headwinds

Canaan (CAN) quarterly earnings analysis examines market leadership trends, revenue guidance, and analyst expectations with institutional investor focus and future outlook. Canaan Inc. (CAN) ...

May 21 Investing.com

Earnings call transcript: Canaan’s Q1 2026 results fall short, stock reacts By Investing.com

Canaan Inc. (CAN) reported disappointing financial results for the first quarter of 2026, missing...

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