Canaan Technology reported mining 109 Bitcoin in May 2025, bringing its total holdings to 1,466 BTC by month-end, according to its latest unaudited operational update. The company achieved total deployed hash rate of 8.75 EH/s, with operational hash rate reaching 7.27 EH/s, reflecting steady progress in expanding its global mining infrastructure.
The performance highlights Canaan’s strategic focus on scaling efficiency, even as the broader crypto market faces volatility. Analysts note its hash rate growth aligns with industry-wide recovery trends post-Bitcoin halving, though margins remain sensitive to electricity costs and BTC price swings.
Canaan’s geographic diversification—with sites in low-energy-cost regions—positions it to capitalize on improving mining economics. However, investors await audited financials to assess profitability amid fluctuating energy prices and regulatory developments.
Related topics：
