Canaan Inc. announced a record month of Bitcoin mining with over 109 BTC mined in May 2025.
Despite a 10% increase in tariffs on their Malaysia-made Bitcoin mining machines, Canaan achieved a 25% month-over-month increase in Bitcoin production.
Canaan's total Bitcoin holdings rose to 1,466 BTC, with a total estimated global capacity of 8.75 EH/s.
The CEO and CFO of Canaan acquired 817,268 American Depositary Shares, expressing confidence in the company's future and long-term value.