Share Price
$0.76
Current trading price per share
Market Cap
$368M
Total market capitalization
Enterprise Value
$6,000M
Market cap plus debt minus cash
NAV Multiple
2.237
Net Asset Value multiplier
BTC / Market Cap
44.7%
Bitcoin holdings as % of market cap
About Canaan Inc.
Canaan Inc., listed on Nasdaq with the ticker CAN, is a leading technology company specializing in blockchain hardware, headquartered in Beijing, China. Founded in 2013 by Nangeng Zhang, Canaan pioneered the development of ASIC-based Bitcoin mining equipment, establishing itself as a key player in the cryptocurrency ecosystem. Its core operations focus on designing and manufacturing high-performance mining rigs, alongside providing AI chips and blockchain solutions, serving global clients in the digital asset and technology sectors.
Canaan integrates Bitcoin into its treasury strategy, holding it as a reserve asset to diversify its financial portfolio and align with its blockchain-focused business model. This approach reflects its confidence in Bitcoin’s enduring value within the digital economy. Beyond treasury management, Canaan pursues a broader digital asset strategy, developing advanced hardware to support Bitcoin mining and exploring blockchain applications for AI and data processing, enhancing efficiency and scalability across industries.
Led by CEO Nangeng Zhang, a trailblazer in blockchain hardware, Canaan maintains a strong industry presence through its innovative product lineup and global distribution network. Its leadership drives a vision of advancing decentralized technologies, positioning the company as a cornerstone of the cryptocurrency mining sector. By combining cutting-edge hardware with a strategic focus on digital assets, Canaan ensures long-term relevance in the evolving landscapes of blockchain and financial technology.
Recent Developments
- Jul 30, 2025: Bitcoin holdings increased by 18.00 BTC to 1484 BTC (BTC @ $117.9K), stock price $0.65
- Jun 10, 2025: Bitcoin holdings increased by 42.00 BTC to 1466 BTC (BTC @ $110.3K), stock price $0.68
- Apr 30, 2025: Bitcoin holdings increased by 16.00 BTC to 1424 BTC (BTC @ $94.3K), stock price $0.78
- Mar 31, 2025: Bitcoin holdings increased by 177.00 BTC to 1408 BTC (BTC @ $82.4K), stock price $0.91
- Sep 30, 2024: Bitcoin holdings increased by 174.00 BTC to 1231 BTC (BTC @ $64K), stock price $1.06
Canaan Inc. — Bitcoin Holdings Over Time
1y - Present
Loading holdings data...
Canaan Inc. — Stock vs BTC Dynamics
1y - Present
Loading stock data...
Balance Sheet History