Integration of bitcoin mining with AI/HPC workloads
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Canaan Q4 earnings: CAN revenue doubles on record ASIC miner sales
Yahoo Finance· 2026-02-11 16:01
Bitcoin miner Canaan (NASDAQ: CAN) released its Q4 earnings Tuesday, posting a 121.1% year-over-year revenue increase to $196.3 million for the fourth quarter of 2025. The Singapore-based ASIC miner manufacturer achieved a gross profit of $14.6 million, reversing a $6.4 million loss from the same period in 2024. The company attributed the growth to record sales of computing power, which totaled 14.6 EH/s during the quarter for a total of $118.6 million in revenue. Large-scale orders from North American c ...