Canaan Technology Reports December Bitcoin Production and Annual Holdings

According to Foresight News, Nasdaq-listed Bitcoin mining company Canaan Technology released its unaudited operational report for December, revealing a production of 86 BTC for the month. The company expanded its computing power to 9.91 EH/s, with an operational capacity of 7.65 EH/s by the end of the month. Throughout the year, Canaan Technology accumulated 1,750 BTC and 3,951 ETH. In 2025, Canaan's asset management strategy focused on reinvestment and reserve expansion. The company mined an additional 1,091 BTC and purchased 128 BTC from the market. To cover electricity and related expenses, 776 BTC were spent. Additionally, the company received 13 BTC from sales-related income and 0.83 BTC from interest income. As a result, by December 31, 2025, Canaan's Bitcoin holdings increased to 1,750 BTC, marking a 35% rise from 1,293 BTC on December 31, 2024. Meanwhile, the company's ETH holdings grew from 3 ETH on December 31, 2024, to 3,951 ETH by December 31, 2025. This increase was primarily due to converting stablecoin proceeds from mining machine sales into 3,931 ETH, along with an additional 17 ETH from sales-related inflows.