Canaan Inc. to Participate in Jefferies Power x Coin Virtual Conference

Rhea-AI Summary

Canaan Inc. (NASDAQ: CAN), a leader in crypto mining innovation, has announced its participation in the upcoming Jefferies Power x Coin Virtual Conference. The event is scheduled for April 16, 2025, at 2 pm ET. Interested parties can obtain additional conference information by reaching out to their Jefferies representatives or by contacting Canaan directly via IR@canaan-creative.com.

SINGAPORE, April 15, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that the Company will participate in the Jefferies Power x Coin Virtual Conference on April 16, 2025, at 2 pm ET.

For more information about the conference, please contact your representative at Jefferies or contact the Company at IR@canaan-creative.com.

About Canaan Inc.

Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 2013, Canaan's founding team shipped to its customers the world's first batch of mining machines incorporating ASIC technology in bitcoin's history under the brand name Avalon. In 2019, Canaan completed its initial public offering on the Nasdaq Global Market. To learn more about Canaan, please visit https://www.canaan.io/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.'s strategic and operational plans, contain forward-looking statements. Canaan Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.'s beliefs and expectations, such as expectations with regard to mining hash rate deployment, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, the ability of the company to execute against its goals, financial condition and results of operations; the expected growth of the bitcoin industry and the price of bitcoin; the Company's expectations regarding demand for and market acceptance of its products, especially its bitcoin mining machines; the Company's expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company's investment plans and strategies, fluctuations in the Company's quarterly operating results; competition in its industry; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc.

Investor Relations Contacts

Canaan Inc.
Xi Zhang
Email: IR@canaan-creative.com 

ICR, LLC.
Robin Yang
Tel: +1 (347) 396-3281
Email: canaan.ir@icrinc.com 

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SOURCE Canaan Inc.

FAQ

When is Canaan (CAN) participating in the Jefferies Power x Coin Virtual Conference?

Canaan (CAN) will participate in the conference on April 16, 2025, at 2:00 PM Eastern Time.

How can investors get more information about Canaan's (CAN) participation in the Jefferies conference?

Investors can contact their Jefferies representative or reach out directly to Canaan's IR team at IR@canaan-creative.com.

What type of conference is Canaan (CAN) attending in April 2025?

Canaan is attending the Jefferies Power x Coin Virtual Conference, an online event focused on cryptocurrency and power sectors.

Is the Jefferies Power x Coin Conference where Canaan (CAN) is presenting a virtual or in-person event?

The Jefferies Power x Coin Conference is a virtual event, allowing remote participation.