Canaan Inc. Establishes Bitcoin as Primary Long-Term Reserve Asset

Canaan Inc. formalizes its cryptocurrency holding policy, designating Bitcoin as the main reserve asset to align with liquidity and strategic goals, while allowing for flexibility in acquiring other digital assets.

BTC

Summary

Canaan Inc. has officially adopted a cryptocurrency holding policy, establishing Bitcoin as its primary long-term reserve asset, with 1,484 BTC held as of June 30, 2025. This policy ensures that the company's cryptocurrency activities align with its liquidity needs and risk tolerance, allowing for the acquisition of other cryptocurrencies as needed. The company aims to strengthen its balance sheet and reinforce its position in the digital asset space.

Terms & Concepts
  • Bitcoin: A decentralized digital currency that enables peer-to-peer transactions without the need for intermediaries.
  • Nasdaq: A global electronic marketplace for buying and selling securities, known for its high-tech and growth-oriented companies.
  • cryptocurrency: A digital or virtual currency that uses cryptography for security and operates on decentralized technology, typically blockchain.