Canaan Posts Record Bitcoin Reserves as Mining Capacity Expands

Published at 2025-12-10 14:45:09

Canaan Inc. said it has substantially increased its Bitcoin reserves and expanded mining capacity amid ongoing strategic investments and infrastructure buildout. The company highlighted that new deployments and facility upgrades are designed to bolster self-mining output and operational scale, with further strengthening expected by the end of 2025.

The development matters because larger miner-held balances and added hashing capacity can tighten available supply and enhance network security, while signaling management’s confidence in long-term Bitcoin demand. Investors and partners will be watching capital expenditure, power costs and realized mining yields as the company converts capacity into production and revenue over the coming year.

Share on:

Related news

El Salvador Defends Bitcoin Buys as Prices Slide

El Salvador says it will continue buying Bitcoin despite the market downturn, with Vice President Félix Ulloa calling BTC part of the country's reserve strategy and a hedge against a future without fiat. The government rejected critics who warned of volatility and fiscal risk.

Published at 2026-02-21 04:45:10
Grayscale Boosts ADA Holdings as Cardano's Bitcoin DeFi Push Attracts Institutions

Grayscale has increased its Cardano (ADA) stake as Cardano advances Bitcoin DeFi initiatives, signalling growing institutional appetite beyond BTC. Analysts say the move reflects a broader shift toward diversified crypto exposure.

Published at 2026-02-20 15:45:14
U.S. PCE Inflation 2.9% YoY; Bitcoin Drops on Fed Rate Concerns

U.S. PCE inflation came in at 2.9% year-over-year, hotter than expected. Bitcoin fell sharply after the release as markets reassessed the Fed's rate outlook.

Published at 2026-02-20 15:15:40
Adam Back: "Bitcoin Is the Future of Finance"

Cypherpunk veteran Adam Back, cited in Satoshi’s whitepaper, said Bitcoin will form the future of finance. His statement bolsters a bullish narrative that could influence institutional interest and policy debates around BTC.

Published at 2026-02-19 12:45:08
Bitcoin Slumps as Middle East Tensions Rattle Global Markets

Bitcoin is headed for a fifth straight weekly decline as rising Middle East tensions lift the U.S. dollar and sap demand for risk assets, while U.S. stock futures firm ahead of Walmart earnings and upcoming Fed minutes.

Published at 2026-02-19 12:30:10