Canaan discloses full exit from ETH and sale of 54 BTC

Canaan (Canaan Inc.) reported that as of August 31, 2026, it has sold its entire holding of 3,952 ETH at an average price of $2,400 and 54 BTC at an average price of $79,000. The proceeds were partially used to repurchase approximately 13.6 million American Depositary Shares (ADS).