Canaan Inc. is strategically enhancing its own Bitcoin reserves while simultaneously creating mining equipment for others. The firm recently reported its unaudited mining performance for June 2026, showcasing a net addition of 49 BTC to its corporate treasury. This growth brings Canaan's total Bitcoin reserves to 1,915 BTC, worth about $123.5 million, and includes 3,952 ETH held alongside it.
#What Were the Key Figures in Canaan's June Mining Results?
Canaan's own self-mining efforts yielded a significant output of 64 BTC in June 2026. The reported net addition of 49 BTC indicates the company's focus on retaining a portion of mined Bitcoin instead of liquidating it. Some of this BTC accumulation comes from payments received for hardware sales, where customers opt to pay using Bitcoin rather than fiat currency.
Canaan now ranks roughly 33rd among publicly traded companies worldwide in Bitcoin holdings, according to treasury trackers.
#How Has Canaan's Bitcoin Strategy Evolved Over Time?
Canaan established its digital asset holding policy in July 2025, committing to the long-term accumulation of Bitcoin reserves as part of its corporate strategy. At the time, the company owned approximately 1,484 BTC. By the end of May 2026, this amount had risen to 1,867 BTC, reflecting a steady growth trajectory. The additional 49 BTC in June signals a continued monthly accumulation trend, with an overall increase of about 431 BTC, or nearly 29%, achieved in just one year.
As a leading ASIC chip designer and manufacturer, Canaan positions itself at the forefront of hardware production, self-mining activities, and treasury management. Unlike many other firms that rely on debt or equity financing for Bitcoin acquisitions, Canaan benefits from generating Bitcoin via its mining operations and accepting it as payment from its clientele.