03:06 PM EST, 01/14/2026 (MT Newswires) -- Canaan (CAN) said Wednesday it mined 86 bitcoins in December, compared with 89 bitcoins in November, closing the year with strong operational growth and record crypto holdings.

The company said deployed hashrate jumped 82% year over year, outpacing overall network growth, while operating hashrate rose 61%.

Canaan said its crypto treasury reached record levels, ending 2025 with 1,750 bitcoins and 3,951 ether, representing a 35% year-over-year increase in bitcoin holdings.

Shares of the company were up 1.8% in recent trading.

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