On October 2, 2025, Canaan Inc. announced that it had secured a purchase order from a U.S.‑based bitcoin miner for more than 50,000 of its Avalon A15 Pro mining machines, the largest order the company has received in the past three years.
The order is scheduled for delivery in the fourth quarter of 2025 and will add a significant volume of high‑efficiency miners to the U.S. market, reinforcing Canaan’s position as a leading supplier of institutional‑grade equipment.
This contract represents a major revenue source for the company, likely to impact Q4 earnings and demonstrate continued demand for Avalon A15 Pro units, while also strengthening Canaan’s market share in a key region.
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