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Canaan Technology produced 64 BTC in June, bringing its holdings to 1,915 BTC and 3,952 ETH

WuSaidBlockchainW
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Wu Says has learned that Bitcoin mining rig manufacturer and mining company Canaan Technology (Nasdaq stock code: CAN) has released its June 2026 mining business data. In that month, it produced 64 BTC. By the end of the month, its crypto reserves reached a record 1,915 BTC and 3,952 ETH. As of June 30, the company’s global operating hashrate was 7.45 EH/s, and the hashrate it had listed was 14.86 EH/s. The company’s average all-in electricity cost for the month was $0.043 per kilowatt-hour. In addition, the Alborz joint-venture facility that had been affected by wildfires recovered significantly in June. Further, the company completed its up-listing to the Nasdaq Capital Market on July 1; the trading code is unaffected, and it applied for an additional 180-day compliance period to restore the minimum bid requirement.
BTC4.26%
ETH6.43%
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MirrorBallRolling
· 9h ago
A $0.043 electricity rate is totally worth it—after Alborz rebounds, there’s still room for mining power to grow
View OriginalReply0
GateUser-06596f3b
· 9h ago
1915 BTC reserves + nearly 4,000 ETH — this portfolio structure is more flexible than pure “BTC mining” companies.
View OriginalReply0
RedGlass
· 9h ago
Transitioning to Nasdaq Capital Markets is essentially a way to stabilize the fundamentals—given the 180-day buffer period, they should have time to make adjustments. But getting mining companies onto a compliant track isn’t going to be easy.
View OriginalReply0

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