Canaan Inc., an innovator in cryptomining, released its unaudited bitcoin mining update for June 2025. The company mined a total of 88 bitcoins for the month, a decrease attributed to a temporary reduction in operating hashrate due to weather-related curtailment and maintenance in Texas and lower uptime in Ethiopia caused by seasonal drought-related electricity restrictions. Despite these challenges, Canaan ended June with a record high of 1,484 bitcoins in its holdings, highlighting its financial strength and commitment to accumulating bitcoin strategically. The month-end deployed hashrate was 8.15 EH/s, while the operating hashrate stood at 6.57 EH/s. The average revenue split was 62.3%, and the average all-in power cost was recorded at US$0.045/kWh. In terms of infrastructure, the month-end installed power capacity was 216.0 MW globally, with miner efficiency averaging 26.3 J/TH. In response to ongoing market challenges, Canaan continued its stock repurchase program, demonstrating confidence in the company's long-term prospects. Additionally, the company is advancing its North American expansion, with approximately 1 EH/s of new computing power set to be installed in U.S. facilities by the end of July 2025.