Canaan Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $264.4M
- Price
- $0.355
- % Change (Daily % change from the live per-ticker quote feed.)
- +27.29%
- Volume
- 96.5M
About
Canaan Inc. operates as a holding company, primarily engaged in the design, production, and sale of Bitcoin mining hardware, in addition to supplying various associated services. A key focus for the company is the advancement and implementation of environmentally conscious mining practices. This firm was co-founded by Jia Xuan Li, Xiang Fu Liu, and Nan Geng Zhang on January 19, 2013, and its corporate headquarters are situated in Singapore.
Quick stats
Shares outstanding744.8M
Computed float555.1M
Float / shares74.5%
Key info
SectorTechnology
IndustryComputer Hardware
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001780652
Websitehttp://www.canaan.io
AI Summary
AI-generated1/31
standardmixedoperations update
Canaan Inc. Provides July 2026 Bitcoin Production and Mining Operation Updates
Canaan reported mining 46 bitcoins in July, increasing its total cryptocurrency treasury to 1,917 BTC and 3,952 ETH, while its North American non-JV fleet maintained an efficiency of 17.9 J/TH.
Operations stabilized at the Alborz joint venture following wildfire disruptions, though the company has paused mining activities in Ethiopia while retaining the associated hashrate in its totals.
The company authorized management to use its digital asset treasury to fund share repurchases, stating the stock trades below asset value, and secured a Nasdaq compliance extension until January 11, 2027, after transferring to the Capital Market.
Red flags
- Listing transferred from Nasdaq Global Market to Nasdaq Capital Market
- Must maintain bid price of $1.00 for 10 consecutive days by January 11, 2027 to avoid delisting
- Mining operations paused in Ethiopia