Canaan mines 44 bitcoin in August, holds 1,868 BTC at month-end

Reuters2026/09/14 13:06

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Canaan mined 44 BTC in August 2026; non-JV installed hashrate held at 10.05 EH/s; JV installed hashrate reached 4.92 EH/s.
Sold 3,952 ETH at about USD 2,400 each; sold 54 BTC at about USD 79,000 each; raised about USD 13.9 million.
Used USD 5.4 million of proceeds to repurchase 13,600,000 ADSs; total repurchases since early 2026 reached 16,400,000 ADSs.
Month-end digital assets: 1,868 BTC on balance sheet; ETH holdings reduced to zero.
Average all-in power cost during the month was USD 0.043/kWh; month-end average revenue split was 60.6% excluding JV ownership.

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: 202609140905PR_NEWS_USPR_____CN46742) on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Canaan mines 44 bitcoin in August, holds 1,868 BTC at month-end

You may also like

Crypto prices