Canaan mines 46 bitcoins in July, lifts crypto holdings to 1,917 BTC
CAN•July mining and treasury update
Canaan mined 46 BTC in the month ended July 31, 2026; cryptocurrency treasury rose to 1,917 BTC and 3,952 ETH.
- Non-JV installed hashrate was 10.05 EH/s; JV installed hashrate was 4.85 EH/s, with operating hashrate of 4.20 EH/s.
- North American non-JV fleet averaged 17.9 J/TH miner efficiency; average all-in power cost was US$0.043/kWh.
- Management authorized monetizing part of its digital asset treasury to fund ADS repurchases under an existing buyback program.
- Nasdaq granted an additional compliance period until Jan. 11, 2027 to regain the US$1 minimum bid price requirement.
