Canaan Inc. has secured a $72 million strategic investment from BH Digital, Galaxy Digital, and Weiss Asset Management. The investment includes the purchase of 63.7 million American Depositary Shares at $1.131 per share, without any warrants or derivatives. CEO Zhang Nankeng highlighted that this equity investment underscores institutional confidence in Canaan's technology and long-term strategy, particularly in Bitcoin mining and high-performance computing infrastructure. The funds will enhance financial stability and support energy infrastructure projects, with the transaction set to close on November 6, 2025.