Canaan Inc, the Nasdaq-listed Bitcoin mining hardware manufacturer, increased its Bitcoin treasury to 1,917 BTC after a net addition of 2 BTC in July 2026. The company mined 46 BTC during the month, slightly down from the 49 BTC produced in June, with total operational capacity of approximately 14.24 EH/s across twelve active mining installations. The firm also holds 3,952 ETH, a balance that has remained stable since late 2025. On August 4, 2026, the board authorized using a portion of its digital asset reserves to fund ADS share repurchases, citing what management views as an undervaluation relative to the company’s underlying value. The treasury trajectory shows consistent growth: 1,293 BTC at the end of 2024, 1,750 BTC at year-end 2025, and 1,917 BTC currently.
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