Canaan Inc.

CAN

US1347481020

Blockchain & Cryptocurrency

Market Closed - Nasdaq Other stock markets 04:00:00 2026-06-16 pm EDT			5-day change	1st Jan Change
0.3447 ^USD	-1.85%		+4.45%	-50.04%

Jun. 16	Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading	MT
Jun. 15	Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading	MT

Stronghold Digital Mining Purchases 2,000 New A1346 Bitcoin Miners from Canaan Inc

Published on 07/27/2023 at 08:00 am EDT

S&P Capital IQ

CANAAN INC.

-1.85%

Stronghold Digital Mining Inc. and Canaan Inc. jointly announced an agreement whereby Stronghold has purchased from Canaan 2,000 new, latest-generation A1346 Bitcoin miners for a total purchase price of approximately $3 million. The miners are expected to be delivered during the third quarter of 2023 for use at Stronghold's wholly-owned Panther Creek Facility.

Latest news about Canaan Inc.

Jun. 16	Asian Equities Traded in the US as American Depositary Receipts Lower in Tuesday Trading	MT
Jun. 15	Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading	MT
Jun. 12	S&P 500 Posts Weekly Gain Amid Heightened Iran Deal Expectations, Dovish Inflation Prints	MT
Jun. 12	Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading, Marginally Lower for Week	MT
Jun. 11	Canaan Inc. Reports Unaudited Production Results for the Month Ended May 31, 2026	CI
Jun. 08	Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading	MT
Jun. 05	Asian Equities Traded in the US as American Depositary Receipts Fall in Friday Trading	MT
Jun. 03	Asian Equities Traded in the US as American Depositary Receipts Decline in Wednesday Trading	MT
Jun. 02	Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Tuesday Trading	MT
Jun. 01	Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Monday Trading	MT
May. 29	Asian Equities Traded in the US as American Depositary Receipts Decline in Friday Trading; Up for Week	MT
May. 28	Asian Equities Traded in the US as American Depositary Receipts Decline in Thursday Trading	MT
May. 27	Asian Equities Traded in US as ADRs Fall in Wednesday Trading	MT
May. 22	Asian Equities Traded in the US as American Depositary Receipts Lower in Friday Trading	MT
May. 21	Asian Equities Traded in the US as American Depositary Receipts Track Lower in Thursday Trading	MT

Chart Canaan Inc.

Duration

Period

CAN: Dynamic Chart

Company Profile

Canaan Inc. provides high performance computing solutions through its proprietary application-specific integrated circuits (ASICs). The Company is a fabless IC designer engaged in the front-end and back-end of IC design. The Company primarily offers its technology and expertise in ASIC applications to Bitcoin mining machines and is also a producer of Bitcoin mining machines in the global market. The Company, through its subsidiaries, independently designs and develops its products in-house, including the design of proprietary ASIC chips for its Bitcoin mining machines. It has in-house production capabilities to assemble both Bitcoin mining machines and artificial intelligence (AI) chips. It assembles its Bitcoin mining machines primarily at its assembly plant located in the Peopleâ€™s Republic of China (PRC) by integrating the ICs designed by the Company and related components it procures. It also intends to engage in Bitcoin mining through self-owned facilities.

Employees

399

Sector

Blockchain & Cryptocurrency

More about the company