<div id="readability-page-1">Canaan has released its financial results for the first quarter of 2026, reporting a total revenue of $62.7 million. According to Foresight News, as of March 31, 2026, the company held cryptocurrency reserves of 1,807.60 Bitcoin and 3,951.53 Ethereum. The total installed capacity of its ten joint mining projects reached approximately 11 EH/s, marking a 10.7% increase from the previous quarter. During the first quarter, Canaan produced 257 Bitcoin.</div>

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<p>Canaan reported Q1 2026 financial results with total revenue of $62.7 million. As of March 31, 2026, the company held 1,807.60 Bitcoin and 3,951.53 Ethereum. Its ten joint mining projects achieved an installed capacity of approximately 11 EH/s, a 10.7% increase from the previous quarter, and produced 257 Bitcoin during the quarter.</p>

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Canaan Reports Q1 2026 Financial Results