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Canaan Reports 1,875 Bitcoin Treasury Worth $151.7 Million and 44 BTC September Output

Canaan held 1,875 Bitcoin valued at approximately $151.7 million as of September 30, according to updated company disclosures. An earlier operational update reported rounded treasury holdings of 1,880 Bitcoin alongside 44 Bitcoin mined during September. Across its operations, the company maintained 10 exahashes per second (EH/s) of installed computing hashrate in wholly owned, non-joint-venture facilities, with an additional 4.87 EH/s contributed by a 49% equity interest in West Texas joint ventures. Canaan's shares fell in premarket trading on Thursday following the initial operational release.

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Bitcoin

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Neutral

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Analyst flows

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