CAN Canaan Inc.

bullish · high conviction SHIFT track record → $0.57 -0.00 (-0.5%)
Get emailed when CAN changes direction
Mkt Cap $425M 52wk $0.39 - $2.22 Earnings 2026-05-13 2h ago
Est. revisions: +0.0%
Factor Model (net -0.1)

Factor Model

net -0.1 1.0 / 10
Est. Revisions
+0.0
Insider Activity
+0.0
Momentum
+0.0
Analyst Rev.
+0.0
Narrative Gap
+0.0

Canaan mines 89 BTC, expands capacity 10 MW

Watch: Watch deployment speed and utilization of the West Texas rigs and how Bitcoin price and mining difficulty affect profitability.

Canaan mined 89 BTC in March 2026, raising total Bitcoin holdings to 1,808 coins. Ethereum holdings also rose to 3,952 ETH. The company expanded North American power capacity by over 10 MW. Total global power capacity now stands at 266.3 MW for non-JV operations plus 120 MW from joint ventures, with a total deployed hashrate of 10.97 EH/s including 4.4 EH/s from West Texas joint ventures.

Rising crypto holdings and power capacity expansion lock in Canaan's operational scale and competitive advantage in low-cost Bitcoin mining during a volatile market.

Evidence

3h ago Is Canaan (CAN) the Most Overlooked Name Among the Best Ethereum Stocks to Buy Now? yahoo-finance
30d ago Insider Activity Surrounding Canaan (CAN) Signals Confidence in Company’s Long-Term Growth Narrative yahoo-finance
47d ago Canaan (CAN) Expands North American Presence Through Strategic Acquisition of West Texas Mining Projects yahoo-finance
53d ago Canaan (CAN) Expands North American Presence Through Strategic Acquisition of West Texas Mining Projects yahoo-finance
Fundamentals & Data ▾
Canaan Inc. Technology · Computer Hardware
Mkt Cap
$425M
Beta
2.47
52w Range
$0.39 - $2.22
Short Interest
64.5M 9.88%
Days to Cover
6.4 +22%
Technicals downtrend
from 52w Hi
0.2%
1w return
+19.0%
EPS Estimate
$-0.07 +0.0% 30d 0up / 0dn
Est. Dispersion
0% 1 analysts
Analyst Target
$2 $2 - $3
Options P/C
0.29
Fund Convergence
strong Two Sigma, Renaissance, Citadel
Financials
Revenue
$196M +121% YoY
Gross Margin
7%
Op Margin
-8%
Momentum: decelerating
Top Holders
Two Sigma $2M
Renaissance $2M
Citadel $1M
4 signals · latest 3h ago

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