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Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final mining equipment products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly and distribution of mining equipment and spare parts. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. Canaan Inc. was founded in 2013 and is based in Beijing, the People's Republic of China.

Canaan Inc.

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Revenue Growth

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Debt

DELIVERING 300 TH/S IN COMPUTING POWER WITH INDUSTRY-LEADING ENERGY EFFICIENCY OF 12.8J/TH, THE A16XP SHOWCASES CANAAN'S CONTINUED LEADERSHIP IN MINING INNOVATION AND OPERATIONAL EXCELLENCE SINGAPORE , OCT. 28, 2025 /PRNEWSWIRE/ -- CANAAN INC. (NASDAQ: CAN) ("CANAAN" OR THE "COMPANY"), AN INNOVATOR IN CRYPTO MINING, TODAY ANNOUNCED THE OFFICIAL LAUNCH OF ITS LATEST GENERATION BITCOIN MINING MACHINE, THE AVALON A16 SERIES("THE A16") AT THE BLOCKCHAIN LIFE 2025 SUMMIT IN DUBAI , REPRESENTING A SIGNIFICANT ADVANCEMENT IN MININGPERFORMANCEAND CHIP INNOVATION. THE NEWLY LAUNCHED AVALON A16XPAIR-COOLED MODEL (THE "A16XP") DELIVERS 300TERAHASH PER SECOND (TH/S) OF COMPUTING POWER PER UNIT AT A POWEREFFICIENCY OF 12.8 JOULES PER TERAHASH (J/TH).

CANAAN INC. UNVEILS NEXT-GEN AVALON A16 SERIES BITCOIN MINING MACHINE FEATURING BREAKTHROUGH ASIC CHIP

STRONG OPERATIONAL EXECUTION AND STRATEGIC INITIATIVES REINFORCE CANAAN'S LONG-TERM GROWTH OUTLOOK SINGAPORE , OCT. 16, 2025 /PRNEWSWIRE/ --CANAAN INC. (NASDAQ: CAN) ("CANAAN" OR THE "COMPANY"), AN INNOVATOR IN CRYPTO MINING, TODAY ANNOUNCED THAT IT HAS RECEIVED A WRITTEN COMPLIANCE NOTIFICATION FROM THE STAFF OF THE LISTING QUALIFICATIONS DEPARTMENT OF THE NASDAQ STOCK MARKET LLC ("NASDAQ") DATED OCTOBER 15, 2025, NOTIFYING THE COMPANY THAT IT HAS REGAINED COMPLIANCE WITH THE MINIMUM BID PRICE OF US$1.00 PER AMERICAN DEPOSITARY SHARE ("ADS") REQUIREMENT SET FORTH UNDER THE NASDAQ LISTING RULE 5450(A)(1) (THE "MINIMUM BID PRICE REQUIREMENT"). ONOCTOBER 15, 2025, NASDAQ DETERMINED THAT FOR THE LAST 10 CONSECUTIVE BUSINESS DAYS, FROMOCTOBER 1 TO OCTOBER 15, 2025, THE CLOSING BID PRICE OF THE COMPANY'S ADSS HAS BEEN ATUS$1.00PER ADS OR GREATER.

CANAAN INC. REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT

STRATEGIC INITIATIVE TO CONVERT FLARED NATURAL GAS INTO LOW-COST POWER FOR HIGH-DENSITY COMPUTINGSCALABLE LOW-COST NATURAL GAS POWER MODEL DESIGNED TO STRENGTHEN MINING ECONOMICS ANNUAL REDUCTION OF APPROXIMATELY 12,00014,000 METRIC TONS OF CO-EQUIVALENT EMISSIONS EXPECTED SINGAPORE , OCT. 13, 2025 /PRNEWSWIRE/ -- CANAAN INC. (NASDAQ: CAN) ("CANAAN" OR THE "COMPANY"), AN INNOVATOR IN CRYPTO MINING, TODAY ANNOUNCED THE LAUNCH OFA PILOT MINING PROJECT IN CALGARY, ALBERTA, CANADA, THROUGH A JOINT MINING AGREEMENT WITH AURORA AZ ENERGY LTD., A CALGARY-BASED ENERGY INFRASTRUCTURE COMPANY THAT DEVELOPS AND OPERATES NATURAL GAS WELLHEAD POWER SOLUTIONS FOR HPC/AI DATA CENTERS AND BITCOIN MINING APPLICATIONS.

CANAAN INC. LAUNCHES INNOVATIVE GAS-TO-COMPUTING PILOT IN CANADA WITH ENERGY INFRASTRUCTURE DEVELOPER

DEPLOYEDHASHRATE CLIMBS TO HISTORIC HIGH OF 9.30 EH/S CRYPTOCURRENCY TREASURY REACHES RECORD 1,582 BTC AND 2,830 ETH LARGEST MINER ORDER IN THREE YEARS SECURED SINGAPORE , OCT. 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 ENDED SEPTEMBER 30, 2025. MANAGEMENT COMMENTARY "SEPTEMBER MARKED ANOTHER MONTH OF MEANINGFUL PROGRESS, HIGHLIGHTED BY FURTHER GAINS IN MINING EFFICIENCY," SAID NANGENG ZHANG, CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF CANAAN.

CANAAN INC. PROVIDES SEPTEMBER 2025 BITCOIN PRODUCTION AND MINING OPERATION UPDATES

LARGEST SINGLE ORDER IN THE PAST THREE YEARS INCLUDES MORE THAN 50,000 AVALON A15 PRO BITCOIN MINERS SCHEDULED FOR DELIVERY IN FOURTH QUARTER 2025 SINGAPORE , OCT. 2, 2025 /PRNEWSWIRE/ -- CANAAN INC. (NASDAQ: CAN) ("CANAAN" OR THE "COMPANY"), AN INNOVATOR IN CRYPTO MINING, TODAY ANNOUNCED THAT IT HAS SECURED A PURCHASE ORDER FROM A U.S.-BASED BITCOIN MINER FOR MORE THAN 50,000 OF ITS LATEST-GENERATION AVALON A15 PRO MINING MACHINES. REPRESENTING THE LARGEST ORDER IN THE PAST THREE YEARS, THIS MILESTONE AGREEMENT HIGHLIGHTS THE STRENGTH OF CANAAN'S TECHNOLOGY PORTFOLIO AND AFFIRMS BOTH COMPANIES' CONFIDENCE IN THE LONG-TERM GROWTH OF BITCOIN MINING AND THE MARKET'S DEMAND FOR HIGHLY EFFICIENT, NEXT-GENERATION INFRASTRUCTURE.

CANAAN INC. SECURES LANDMARK U.S. ORDER, STRENGTHENING MARKET LEADERSHIP AMID U.S. BITCOIN MINING RECOVERY

STRATEGIC DEAL ADVANCES SOLUNA'S TEXAS EXPANSION AND SUPPORTS CANAAN'S NORTH AMERICAN MINING GROWTH ALBANY,N.Y. AND SINGAPORE , SEPT.

SOLUNA AND CANAAN INC. PARTNER TO DEPLOY 20 MW OF NEXT-GEN BITCOIN MINERS AT WIND-POWERED DATA CENTER IN TEXAS

ALBANY, N.Y. & SINGAPORE--(BUSINESS WIRE)---- $SLNH #SLNH--SOLUNA HOLDINGS, INC. (SOLUNA OR THE COMPANY) (NASDAQ: SLNH), A DEVELOPER OF GREEN DATA CENTERS FOR INTENSIVE COMPUTING APPLICATIONS INCLUDING BITCOIN MINING AND AI, AND CANAAN INC. (NASDAQ: CAN) ("CANAAN"), AN INNOVATOR IN CRYPTO MINING, TODAY ANNOUNCED A STRATEGIC HOSTING AGREEMENT TO DEPLOY 20 MEGAWATTS (MW) OF AVALON A15 XP BITCOIN MINERS AT SOLUNA'S PROJECT DOROTHY IN BRISCOE COUNTY, TEXAS. THIS AGREEMENT MARKS A SIGNIFICANT MILESTONE FOR BOT.

MONCTON, NEW BRUNSWICK--(NEWSFILE CORP. - SEPTEMBER 16, 2025) - CANADIAN GOLD RESOURCES LTD. (TSXV: CAN) ("CANADIAN GOLD" OR THE "COMPANY") IS PLEASED TO ANNOUNCE THAT IT HAS ENGAGED GEOPHYSIQUE TMC TO CONDUCT AN INDUCED POLARIZATION ("IP") SURVEY AT ITS 100%-OWNED LAC ARSENAULT PROPERTY, LOCATED IN THE GASP REGION OF QUBEC.

CANADIAN GOLD RESOURCES TO CONDUCT INDUCED POLARIZATION SURVEY AT LAC ARSENAULT PROPERTY

MONCTON, NEW BRUNSWICK--(NEWSFILE CORP. - SEPTEMBER 10, 2025) - CANADIAN GOLD RESOURCES LTD. (TSXV: CAN) ("CANADIAN GOLD" OR THE "COMPANY") IS PLEASED TO PROVIDE AN UPDATE ON ITS EXPLORATION AND DEVELOPMENT ACTIVITIES AT ITS 100%-OWNED LAC ARSENAULT PROPERTY LOCATED IN THE GASP REGION OF QUBEC.

CANADIAN GOLD RESOURCES PROVIDES CORPORATE AND PROJECT UPDATES

BITCOINS MINED MONTH-OVER-MONTH INCREASES 10%, BITCOIN TREASURY HITS 1,547 TOTAL ESTIMATED COMPUTING POWER EXCEEDS 10 EH/S GLOBALLY SINGAPORE , SEPT. 8, 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 AUGUST 31, 2025.

CANAAN INC. PROVIDES AUGUST 2025 BITCOIN PRODUCTION AND MINING OPERATION UPDATES

ANNOUNCES INITIAL SALE OF 5,000+ AVALON A15 PROBITCOIN MINERS SINGAPORE , SEPT. 8, 2025 /PRNEWSWIRE/ -- CANAAN INC. (NASDAQ: CAN) ("CANAAN" OR THE "COMPANY"), AN INNOVATOR INCRYPTO MINING, TODAY ANNOUNCED A PARTNERSHIP WITH LUXOR TECHNOLOGY CORPORATION ("LUXOR") TO PROVIDE FLEXIBLE FINANCING SOLUTIONS, POTENTIALLY MAKING IT EASIER FOR CUSTOMERS TO ACQUIRE AVALON MINING MACHINES.

CANAAN INC. PARTNERS WITH LUXOR TO EXPAND INSTITUTIONAL MINER FINANCING

SINGAPORE , SEPT. 2, 2025 /PRNEWSWIRE/ --CANAAN INC. (NASDAQ: CAN) ("CANAAN" OR THE "COMPANY"), AN INNOVATOR INCRYPTOMINING, TODAY ANNOUNCED THAT IT WILL PARTICIPATE IN THE 5TH ANNUAL NEEDHAM VIRTUAL CRYPTO CONFERENCE ON SEPTEMBER 4, 2025, AND THE 27TH ANNUAL H.C.

CANAAN INC. TO PARTICIPATE IN UPCOMING CONFERENCES

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 /PRNEWSWIRE/ -- CANAAN INC. (NASDAQ: CAN) ("CANAAN" OR THE "COMPANY"), AN INNOVATOR IN CRYPTO MINING, TODAY ANNOUNCED THAT IT HAS RECEIVED A NEW PURCHASE ORDER FROM BITFURY GROUP ("BITFURY"), A LEADING FULL-SERVICE BLOCKCHAIN TECHNOLOGY COMPANY, FOR AVALON ASIC-POWERED UPGRADE KITS (THE "AVALON ASIC KIT"). THIS EQUIPMENT WILL BE DEPLOYED AT BITFURY'S NORTH AMERICAN FACILITY TO UPGRADE UP TO 10MW OF EXISTING BITCOIN MINING CAPACITY, ENHANCING PERFORMANCE AND ENERGY EFFICIENCY.

Canaan Inc.

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Canaan Inc.

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