{"id":470174,"date":"2025-08-01T18:58:07","date_gmt":"2025-08-01T18:58:07","guid":{"rendered":"https:\/\/Blockchain.News\/news\/canaan-inc-embraces-bitcoin-btc-core-reserve-asset"},"modified":"2025-08-01T18:58:07","modified_gmt":"2025-08-01T18:58:07","slug":"canaan-inc-embraces-bitcoin-btc-as-core-reserve-asset-with-new-policy","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2025\/08\/01\/canaan-inc-embraces-bitcoin-btc-as-core-reserve-asset-with-new-policy\/","title":{"rendered":"Canaan Inc. Embraces Bitcoin (BTC) as Core Reserve Asset with New Policy"},"content":{"rendered":"<figure class=\"figure mt-2\">\n<p> <a href=\"https:\/\/blockchain.news\/Profile\/Jessie-A-Ellis\">Jessie A Ellis<\/a> <span class=\"publication-date ml-2\"> Aug 01, 2025 18:58<\/span> <\/p>\n<p class=\"lead\">Canaan Inc. has introduced a cryptocurrency holding policy emphasizing Bitcoin as its main reserve asset, aligning with strategic growth and liquidity needs, according to a recent announcement.<\/p>\n<p> <a href=\"https:\/\/image.blockchain.news:443\/features\/8A6D364E10667B70266C559AAAD3793038EA7B225A572DDB5616E316563F53D8.jpg\"> <img decoding=\"async\" class=\"rounded\" src=\"https:\/\/image.blockchain.news:443\/features\/8A6D364E10667B70266C559AAAD3793038EA7B225A572DDB5616E316563F53D8.jpg\" alt=\"Canaan Inc. Embraces Bitcoin (BTC) as Core Reserve Asset with New Policy\"> <\/a> <\/figure>\n<p>Canaan Inc. (NASDAQ: CAN), a prominent player in the crypto mining sector, has unveiled its new Cryptocurrency Holding Policy, signaling a strategic pivot towards a long-term Bitcoin (BTC) reserve position. This policy aims to integrate a structured approach to cryptocurrency management, aligning with the company\u2019s liquidity requirements and strategic objectives, according to <a rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/canaan-inc-announces-adoption-of-cryptocurrency-holding-policy-and-strategic-long-position-in-bitcoin-302517412.html\">PR Newswire<\/a>.<\/p>\n<h2>Strategic Focus on Bitcoin<\/h2>\n<p>The freshly adopted policy designates Bitcoin as the primary long-term reserve asset for Canaan Inc. The company intends to hold onto Bitcoins acquired through regular business operations, such as self-mining and equipment sales, unless required for liquidity management or risk mitigation. This move is expected to fortify Canaan&#8217;s balance sheet and align it with the broader digital asset economy, offering strategic flexibility for future growth.<\/p>\n<p>Nangeng Zhang, the chairman and CEO, emphasized the policy&#8217;s role in anchoring the company&#8217;s capital allocation strategy within its core competency in the global Bitcoin ecosystem. Zhang highlighted that as of June 30, 2025, Canaan&#8217;s Bitcoin reserves had reached 1,484 BTC, underscoring the company&#8217;s commitment to maintaining substantial Bitcoin holdings.<\/p>\n<h2>Flexible Cryptocurrency Management<\/h2>\n<p>While Bitcoin remains central, the policy allows for the acquisition of other cryptocurrencies, such as Ethereum or U.S. Genius Act-compliant stablecoins, in the ordinary course of business. These non-core digital assets may be converted into fiat or held temporarily to support operational needs and hedging strategies, reflecting Canaan&#8217;s adaptable approach to cryptocurrency management.<\/p>\n<h2>About Canaan Inc.<\/h2>\n<p>Founded in 2013, Canaan Inc. is renowned for its expertise in ASIC high-performance computing chip design and production. The company made history by shipping the first batch of ASIC technology mining machines under the Avalon brand. Canaan&#8217;s public listing on the Nasdaq Global Market in 2019 further cemented its status as a leader in the crypto infrastructure industry.<\/p>\n<p>With this new policy, Canaan Inc. underscores its strategic focus on Bitcoin, leveraging its position in the crypto mining industry to support long-term growth and financial stability.<\/p>\n<p><span><i>Image source: Shutterstock<\/i><\/span> <!-- Divider --> <!-- Author info END --> <!-- Divider --> <a href=\"https:\/\/blockchain.news\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jessie A Ellis Aug 01, 2025 18:58 Canaan Inc. has introduced a cryptocurrency holding policy emphasizing Bitcoin as its main reserve asset, aligning with strategic growth and liquidity needs, according to a recent announcement. Canaan Inc. (NASDAQ: CAN), a prominent player in the crypto mining sector, has unveiled its new Cryptocurrency Holding Policy, signaling a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":470175,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,12],"tags":[31,16552,21847,25],"class_list":{"0":"post-470174","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-blockchain","9":"tag-bitcoin","10":"tag-canaan-inc","11":"tag-cryptocurrency-policy","12":"tag-news"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/470174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=470174"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/470174\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/470175"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=470174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=470174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=470174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}