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Canaan (NASDAQ: CAN) teams with Soluna on 20 MW Texas bitcoin mining

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Canaan Inc. filed a Form 6-K noting a new partnership with Soluna to deploy 20 megawatts of next-generation bitcoin miners at a wind-powered data center in Texas. This arrangement links Canaan’s mining hardware with Soluna’s renewable-powered infrastructure, aiming to run bitcoin mining operations using wind energy rather than traditional power sources. The filing itself is brief and primarily serves to formally furnish this partnership announcement as an exhibit for investors and regulators.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2025

 

Commission File Number: 001-39127

 

 

Canaan Inc.

 

 

28 Ayer Rajah Crescent

#06-08

Singapore 139959

 

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  x           Form 40-F ¨

 

 

 

 

 

 

EXHIBITS

 

Exhibit No.   Description
Exhibit 99.1   Soluna and Canaan Inc. Partner to Deploy 20 MW of Next-Gen Bitcoin Miners at Wind-Powered Data Center in Texas

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Canaan Inc.
     
  By:

/s/ Nangeng Zhang

  Name: Nangeng Zhang
  Title: Chairman and Chief Executive Officer

 

Date: September 30, 2025

 

 

 

FAQ

What did Canaan Inc. (CAN) disclose in this Form 6-K?

Canaan Inc. disclosed that it has partnered with Soluna to deploy 20 MW of next-generation bitcoin miners at a wind-powered data center in Texas, furnished as Exhibit 99.1.

Who is Canaan Inc. partnering with in this 6-K filing?

Canaan Inc. is partnering with Soluna to deploy its next-generation bitcoin mining machines at a wind-powered data center in Texas.

What scale of bitcoin mining capacity is mentioned for Canaan Inc. (CAN)?

The filing notes a deployment of 20 megawatts (20 MW) of Canaan’s next-generation bitcoin miners at Soluna’s Texas facility.

Where will Canaan Inc. and Soluna deploy the bitcoin miners?

The miners are planned to be deployed at a wind-powered data center in Texas, combining Canaan’s hardware with Soluna’s renewable energy infrastructure.

Does this Form 6-K include detailed financial results for Canaan Inc. (CAN)?

No. This Form 6-K primarily furnishes Exhibit 99.1 about the Soluna partnership and does not present financial statements or earnings data in the provided excerpt.

Who signed the Canaan Inc. (CAN) Form 6-K?

The Form 6-K was signed on behalf of Canaan Inc. by Nangeng Zhang, the company’s Chairman and Chief Executive Officer.
Canaan Inc.

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