Canaan Inc. announced a record high in its cryptocurrency holdings, with 1,826 Bitcoin and 3,952 Ethereum as of April 30, 2026. In April, Canaan's self-operated mining operations produced 90 bitcoins, supplemented by 3 bitcoins from customer payments, while its joint venture operations yielded approximately 48 bitcoins. The company's non-joint venture installed hash rate reached 10.97 EH/s, marking a 34.6% increase year-over-year, with an operational hash rate of 6.86 EH/s, up 10.6% from the previous year. The joint venture business reported an installed hash rate of 4.82 EH/s and an operational hash rate of 4.35 EH/s. Additionally, Canaan received a follow-up order from Tether on April 28 for customized high-density mining hash board modules, indicating continued demand for its mining technology solutions.