Welcome to our dedicated page for Canaan SEC filings (Ticker: CAN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Canaan Inc.’s SEC filings document a foreign private issuer whose business centers on ASIC chip design, Avalon mining equipment, computing hardware, software services, and bitcoin mining operations. Its Form 20-F annual reports and Form 6-K current reports disclose operating results, mining production metrics, cryptocurrency treasury balances, power capacity, fleet efficiency, customer and R&D collaborations, and risk-related business updates.
The filings also record ADS and Class A ordinary share matters, registration-statement incorporation, open-market management purchases, share repurchase activity, beneficial ownership references, and material transactions such as Canaan’s completed acquisition of interests in the Alborz, Bear and Chief Mountain mining projects. Other current reports address Nasdaq minimum bid-price notifications and foreign-issuer governance and reporting obligations.
Canaan Inc. files a Post-Effective Amendment to its Form F-3 establishing a $270,000,000 shelf to offer Class A ordinary shares (including ADSs), preferred shares, warrants, debt securities, subscription rights and units from time to time after the effective date. The prospectus states each ADS represents 15 Class A ordinary shares and cites an ADS last sale price of US$0.51 per ADS on April 14, 2026. The filing discloses risks tied to PRC operations and HFCAA/PCAOB inspection outcomes and summarizes recent financings, ATM activity, and a board-approved share repurchase program.
Canaan Inc. reported March 2026 bitcoin mining and infrastructure metrics showing continued expansion of its self-mining platform. The company mined 89 BTC in the month, taking its cryptocurrency treasury to a record 1,808 BTC and 3,952 ETH, while keeping average all-in power cost at US$0.044/kWh.
Globally, Canaan’s non-joint-venture installed power capacity reached 266.3 MW, supplemented by 120 MW from recently acquired Texas joint ventures totaling about 4.4 EH/s of operational hashrate. North American non-joint-venture miner efficiency improved to 18.7 J/TH, supporting its focus on disciplined cost and operational management.
Strategically, Canaan completed a roughly US$39.75 million all-share acquisition of Cipher Mining’s 49% stake in the Texas “ABC Projects” and 6,840 Avalon A15Pro miners at about US$0.74 per ADS. Management also highlighted evolving “gas-to-compute” projects and disclosed CEO and CFO open-market purchases of 1,456,547 ADSs at an average US$0.51 per ADS.
Canaan Inc. director ZHANG Yaping ZY has filed an initial Form 3, which is the required statement of beneficial ownership for new insiders. The filing does not list any transactions or derivative positions and serves as a baseline disclosure of this director’s status with the company.
Canaan Inc. filed an initial statement of beneficial ownership on Form 3 for Shu Zhitang
Canaan Inc. director ZHANG WENJUN has filed an initial Form 3, which is the required statement of beneficial ownership when someone becomes an insider. The filing reports no stock transactions and no derivative positions, serving as a baseline disclosure of insider status.
Canaan Inc. director Du Hongchao filed an initial statement of beneficial ownership on Form 3. This filing confirms his status as a director and provides a baseline record of any equity holdings or derivative positions associated with him at the time of becoming a reporting insider.
Canaan Inc. Chief Financial Officer Cheng Jin filed an initial Form 3, reporting his beneficial ownership of the company’s securities. He directly holds 15,225,120 American Depositary Shares, which represent Class A ordinary shares of Canaan Inc. According to the disclosure, each American Depositary Share is convertible at any time, at the holder’s election, into 15 Class A ordinary shares, and these ADS have no expiration date. The filing records existing holdings only and does not report any recent purchases or sales.
Canaan Inc. filed an initial Form 3 showing CEO Zhang Nangeng’s ownership in the company. The filing reports direct holdings of 370,884,600 Class A ordinary shares and American Depositary Shares representing 34,524,525 underlying Class A ordinary shares. It also reports indirect ownership of 311,624,444 Class B ordinary shares held through Flueqel Ltd., which is indirectly wholly owned by a trust benefiting Zhang and is convertible into Class A ordinary shares at any time.
Canaan Inc. reported its unaudited bitcoin mining and infrastructure metrics for February 2026 and highlighted recent strategic moves. The company mined 86 BTC in the month and ended February with a record treasury of 1,793 BTC and 3,952 ETH, with an estimated value of US$128 million, excluding joint venture assets.
Canaan’s deployed hashrate reached 14.75 EH/s, including about 4.4 EH/s at the Alborz, Bear and Chief Mountain data centers in West Texas, where it acquired a 49% stake via a non-cash equity issuance valued at roughly US$39.75 million. Installed power capacity in North America totaled 98.4 MW for non-joint venture sites and 120 MW for the joint venture.
The company cited an average all-in power cost of US$0.044/kWh in February and a 59.0% month-end average revenue split for non-joint venture ownership. Management also noted that the CEO and CFO purchased 1,456,547 ADSs in the open market at an average price of US$0.51 per ADS, and reiterated previously reported unaudited fourth quarter 2025 revenue of US$196.3 million, up 121.1% year over year, including US$30.4 million from bitcoin mining.
Canaan Inc. reported that its chairman and CEO, Nangeng Zhang, and CFO, Jin “James” Cheng, bought additional shares of the company in the open market. They together acquired 1,456,547 American Depositary Shares at an average price of US$0.51 per ADS, following Canaan’s trading policies and securities regulations.
The executives described these purchases as a sign of confidence in Canaan’s long-term strategy and growth prospects, stating that the current market valuation does not, in their view, fully reflect the company’s technology, strategy, or potential. Canaan designs and produces ASIC-based bitcoin mining machines and other high-performance computing solutions.