Canaan to fund share buybacks by selling part of bitcoin holdings

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Go back to Canaan to fund share buybacks by selling part of bitcoin holdings

Canaan Inc. to Repurchase Shares Using Portion of Digital Asset Treasury

August 4, 2026 9:05 AM EDT

Repurchases will be executed under the Company's existing share repurchase authorization

SINGAPORE, Aug. 4, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in compute and energy infrastructure, today announced that it has authorized its management to monetize a portion of its digital asset treasury to fund repurchases of its American depositary shares ("ADSs") under the share... More