Canaan inc. announces january 2025 bitcoin production and mining operation updates

Singapore , feb. 19, 2025 /prnewswire/ -- canaan inc. (nasdaq: can) ("canaan" or the "company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending january 31, 2025. management commentary "in january, we made solid progress across all segments of our business, as we expanded our customer base, announced two avalon home consumer products, and advanced our self-mining capacity, leading to an increase in our bitcoin holdings," said nangeng zhang, chairman and chief executive officer of canaan.
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