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Canaan Technology announced that it will use BTC as a long-term reserve asset.
Odaily News Nasdaq-listed company Canaan Inc. announced the adoption of a crypto asset holding policy, establishing a clear and standardized framework for the acquisition, custody, and disposal of crypto assets, ensuring support for the company's liquidity needs, risk tolerance, and long-term strategic goals. According to this policy, Bitcoin is designated as the company's primary long-term reserve asset, and unless required for liquidity management or risk avoidance, Bitcoin accumulated through daily business activities (including self-mining and selling mining equipment) will generally be held long-term. As of June 30, 2025, the company's Bitcoin reserves have reached 1,484 coins. (PRNewswire)