Bitcoins mined month-over-month increases 10%, bitcoin treasury hits 1,547

Total estimated computing power exceeds 10 EH/s globally

SINGAPORE , Sept. 8, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending August 31, 2025 .

Management Commentary

"We're pleased to report strong month-over-month improvement across all key metrics of our Bitcoin mining operations," said Nangeng Zhang, chairman and chief executive officer of Canaan. "In August, we mined 98 bitcoins, supported by our enhanced operating hashrate and continued low average power costs. We expanded our deployed hashrate by significantly scaling operations in the U.S., adding our first mining project in S

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