StockWatch
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Semiconductors
Monthly UpdateJul 14, 2026, 04:07 PM

Canaan June 2026 Bitcoin Production 64 BTC; Holdings 1,915 BTC

AI Summary

Canaan Inc. reported producing 64 BTC in June 2026, increasing its total cryptocurrency holdings to a record 1,915 BTC and 3,952 ETH. The company's joint venture hashrate significantly recovered following May's disruptions, approaching full installed capacity. Canaan also maintained its non-JV fleet efficiency at 17.9 J/TH with an average all-in power cost of $0.043/kWh. Additionally, the company completed its transfer to the Nasdaq Capital Market, announced open market share purchases by its CEO and CFO, and won a competitive bid to provide hash-to-heat equipment for a Nordic district heating network.

Key Highlights

  • Produced 64 BTC in June 2026.
  • Total cryptocurrency holdings reached 1,915 BTC and 3,952 ETH.
  • Joint venture operating hashrate recovered to 4.09 EH/s.
  • Non-JV fleet efficiency maintained at 17.9 J/TH.
  • Average all-in power cost was $0.043/kWh.
  • Completed transfer to Nasdaq Capital Market on July 1, 2026.
  • CEO and CFO purchased 1,065,000 ADSs at an average price of $0.35.
  • Won competitive bid for 8 MW hash-to-heat equipment in Nordic region.