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Canaan Reports May 2026 Bitcoin Mining Output and Record Crypto Reserves

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2026-06-11 13:33:59
Canaan, a Nasdaq-listed Bitcoin mining company, released its Bitcoin mining operations update for May 2026. According to Foresight News, the company reported producing 90 BTC from self-mining during the month, with an additional 24 BTC received from customer payments.

Canaan said its cryptocurrency reserves reached a record high by the end of May 2026, holding a total of 1,867 BTC and 3,952 ETH.
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