Canaan Inc. announced its unaudited bitcoin mining update for December 2025, reporting significant growth in both cryptocurrency holdings and mining capacity. As of December 31, 2025, Canaan held 1,750 BTC and 3,951 ETH on its balance sheet, marking a 35% increase in bitcoin holdings from 1,293 BTC at the end of 2024. The company mined 86 BTC during December 2025, and its month-end deployed hashrate reached 9.91 EH/s, with an operating hashrate of 7.65 EH/s. Installed power capacity exceeded 250 MW globally. Throughout 2025, Canaan added 1,091 BTC from mining operations and 128 BTC through market purchases, offset by 776 BTC used for power-related expenditures. The company’s ETH holdings rose from 3 ETH at the end of 2024 to 3,951 ETH, primarily due to the conversion of stablecoins from machine sales. The company’s average all-in power cost during December was US$0.043 per kWh. Management highlighted that the company’s operating hashrate increased by 61% year-over-year, while installed hashrate grew by 82%, compared to the global bitcoin network’s hashrate growth of approximately 34% over the same period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canaan Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN63184) on January 14, 2026, and is solely responsible for the information contained therein.