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Canaan Inc. (CAN)

$1.24
-0.13 (-9.49%)

Data provided by IEX. Delayed 15 minutes.

Market Cap

$6.6B

P/E Ratio

N/A

Div Yield

0.00%

52W Range

$0.58 - $3.09

Company Profile

At a glance

Canaan Inc. is demonstrating a compelling turnaround, leveraging its vertically integrated model encompassing ASIC design, manufacturing, self-mining, and Bitcoin treasury management to drive significant revenue and profitability growth.

The company's technological edge, particularly with its A15 series and the upcoming A16 series, offers superior energy efficiency and performance, positioning it strongly in the competitive Bitcoin mining hardware market.

Strategic expansion into North America, coupled with localized manufacturing and disciplined Bitcoin accumulation, is enhancing Canaan's market share and resilience against geopolitical and tariff-related challenges.

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