The Singapore public company increased its Bitcoin reserves, underscoring the continued use of corporate treasury strategies in crypto markets.
Canaan added 49 BTC to its corporate treasury, lifting its total Bitcoin holdings to 1,915 BTC. The update identifies Canaan as a Singapore public company. Corporate treasury accumulation refers to companies holding Bitcoin on their balance sheets as a reserve asset, a strategy investors often watch as a signal of long-term conviction and balance-sheet exposure to crypto price movements.