Canaan added 1,091 BTC through mining operations in 2025, increasing its holdings to 1,750 BTC.
Foresight News reported that Nasdaq-listed Bitcoin mining company Canaan released its unaudited operational report for December, disclosing that it produced 86 BTC during the month and expanded its online hashrate to 9.91 EH/s, with an operational hashrate of 7.65 EH/s at the end of the month. For the full year, Canaan held a total of 1,750 BTC and 3,951 ETH.
Throughout 2025, Canaan's coin management strategy will remain focused on reinvestment in operations and reserve expansion. During the year, the company added 1,091 BTC through mining operations and purchased an additional 128 BTC from the market; meanwhile, it spent 776 BTC to cover electricity and related expenses. In addition, the company received 13 BTC in sales-related income and 0.83 BTC in interest income. Taking all these changes into account, as of December 31, 2025, the company's Bitcoin holdings increased to 1,750 BTC, up 35% from 1,293 BTC on December 31, 2024.
Meanwhile, the company's ETH holdings increased from 3 ETH on December 31, 2024, to 3,951 ETH on December 31, 2025, mainly due to the conversion of stablecoins from mining machine sales into 3,931 ETH, along with an additional 17 ETH from sales-related inflows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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