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Canaan Inc (NASDAQ:CAN)., a finance services company specializing in crypto assets, has provided an update on its Bitcoin production and mining operations for May 2025. The report, submitted to the U.S. Securities and Exchange Commission (SEC) today, Tuesday, details the latest operational performance of the Singapore-based firm.
The SEC filing, a Form 6-K, serves as a report of foreign private issuer pursuant to rules 13a-16 or 15d-16 under the Securities Exchange Act of 1934. Canaan Inc. has confirmed that it will continue to file annual reports under Form 20-F, which is indicated in the document by a checkmark.
While the filing includes several standard administrative details, the key exhibit of interest is Exhibit 99.1, which contains the specifics of Canaan’s Bitcoin production and mining operations for the previous month. The exhibit is titled "Canaan Inc. Provides May 2025 Bitcoin Production and Mining Operation Updates," but the detailed contents of this exhibit were not disclosed in the text provided.
The document was officially signed by Nangeng Zhang, the Chairman and Chief Executive Officer of Canaan Inc., affirming the authenticity and accuracy of the report. The signature confirms that the company has duly authorized the submission of this report in compliance with the SEC regulations.
Investors and stakeholders in the cryptocurrency and finance services sectors may find this update significant as it provides insights into Canaan Inc.’s current mining activities and production capabilities. The information is based on a press release statement and is intended to keep the market informed about the company’s latest developments.
Canaan Inc. is listed with the SEC under the file number 001-39127. The company’s principal executive offices are located in Singapore, as stated in the SEC filing. This monthly update is part of Canaan’s ongoing commitment to transparency and regulatory compliance as a foreign private issuer operating in the cryptocurrency space.
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