CIFR - Public offerings

Revenue of US$62.7 million was in line with guidance; cryptocurrency treasury[1] reached a record 1,807.60 BTC and 3,951.53 ETH as of March 31, 2026Installed mining computing power across 10 joint-mining projects reached approximately 11 EH/s, up 10.7% sequentially; Produced 257 bitcoins in Q1Strategic energy infrastructure footprint expanded through the acquisition of 49% interest in ABC Projects in West Texas from Cipher Mining and Nordic hash-to-heat deploymentSINGAPORE, May 19, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced its unaudited financial results for the three months ended March 31, 2026. First Quarter 20

Expanded North American capacity with over 10 MW addedAchieved record high cryptocurrency treasury of 1,808 BTC and 3,952 ETHSINGAPORE, April 15, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending March 31, 2026. Management Commentary"As we expand our role within the broader energy ecosystem, we enhanced our operational foundation in parallel," said Nangeng Zhang, chairman and chief executive officer of Canaan. "Despite a challenging macro backdrop, March was a month of solid execution. We delivered 89 BTC, growing our total cryptocurrency treasury to a record high o

Doubles down on energy strategy with West Texas joint ventureSINGAPORE, March 10, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending February 28, 2026. Management Commentary"Our continued strategic execution highlights the importance of integrating energy resources into our strategy as we strengthen our focus on expanding our US footprint and continuing our long-standing track record of operational excellence," said Nangeng Zhang, chairman and chief executive officer of Canaan. "In February, we produced 86 BTC, bringing our total cryptocurrency holdings to a record-h

Acquires 49% equity interest in Alborz LLC, Bear LLC, and Chief Mountain LLC Adds Cipher Mining as significant shareholder through non-cash transactionIncludes acquisition of 6,840 Avalon® A15Pro mining rigsSINGAPORE, Feb. 23, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has acquired Cipher Mining Technologies Inc.'s (NASDAQ:CIFR) ("Cipher") 49% equity interest in the joint venture comprising Alborz LLC, Bear LLC, and Chief Mountain LLC (collectively, the "ABC Projects"). Following the acquisition, the Company now owns a 49% stake in the ABC Projects, while WindHQ LLC ("WindHQ") maintains its 51% stake in th

Transaction Secures ~$830 Million in Contracted Revenue Over Initial 10-Year Term  Expected Delivery of Additional 39 MW of Critical IT Load at Barber Lake by January 2027 Total Contracted Revenue Across the Partnership Reaches ~$3.8 Billion Over Initial 10-Year Term Google Expands Backstop of Fluidstack's Obligations by Additional $333 Million, Increasing Total Backstop to $1.73 Billion NEW YORK, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company"), a leading owner, developer and operator of industrial-scale data centers, today announces a 10-year high-performance computing (HPC) colocation agreement with Fluidstack, a premier

Event to Feature Keynote Addresses by the 43rd President of the United States George W. Bush and Michael Saylor, Along with Panel Discussions on Digital Asset Treasury Strategy, Bitcoin Mining, and High-Performance Computing H.C. Wainwright & Co., LLC, a full-service investment bank dedicated to providing corporate finance, strategic advisory, and equity research coverage to public and private companies across multiple sectors and regions, today announced details of its cryptocurrency and high-performance computing programming at the firm's 27th Annual Global Investment Conference, taking place September 8–10, 2025, at the Lotte New York Palace Hotel in New York City. On Monday, Septemb

Orders to be fulfilled by U.S. and Malaysian facilitiesExpected to bolster hashrate at Cipher's Black Pearl facility SINGAPORE, July 17, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its U.S. subsidiary has entered into a purchase agreement with Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher") to supply approximately 6,840 Avalon A15Pro miners to Cipher's Black Pearl facility in the third quarter of 2025. The units will be fulfilled by Canaan's U.S. and Malaysian facilities. This agreement marks Canaan's first major initiative to offer large-scale domestic manufacturing support for U.S.-based bitcoin mining customer

NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today announced the pricing of its public offering of $150,000,000 aggregate principal amount of convertible senior notes due 2030 (the "notes") in an offering registered under the Securities Act of 1933, as amended. The issuance and sale of the notes are scheduled to settle on May 22, 2025, subject to customary closing conditions. Cipher also granted the underwriters of the notes offering a 30-day option to purchase up to an additional $22,500,000 aggregate principal amount of notes solely to cover over-allotments. Morgan Stanley is acting as sole bookrunning manager for the offering. K

NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today announced its intention to offer, subject to market and other conditions, $150,000,000 aggregate principal amount of convertible senior notes due 2030 (the "notes") in a public offering registered under the Securities Act of 1933, as amended. Cipher also expects to grant the underwriters of the notes offering an option to purchase up to an additional $22,500,000 aggregate principal amount of notes solely to cover over-allotments. Morgan Stanley is acting as the sole bookrunning manager for the offering. The notes will be senior, unsecured obligations of Cipher, will accrue interes

SINGAPORE, June 6, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has signed a large purchase agreement (the "Agreement") with one of the Company's long-term partners, Cipher Mining Technologies Inc. (NASDAQ:CIFR) ("Cipher"). According to the Agreement, Cipher Mining has acquired 6,600 units of Canaan's latest product, the Avalon Miner A1566, which features advanced computing power and power efficiency. The initial order is expected to be delivered in the fourth quarter of 2024. In conjunction with the Agreement, Cipher also secured an option to purchase additional mining machines, w

Cipher's JV entities have purchased 16,700 A1466 model Avalon Miners; the 11,000 previously bought A1346 model Avalon Miners have been delivered and installed at Cipher's Odessa FacilityStronghold has purchased 1,100 A1346 model Avalon Miners; the 2,000 previously bought A1346 model Avalon Miners have been delivered and installed at Stronghold's Patha Creek PlantSINGAPORE, Jan. 3, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan"), a leading high-performance computing solutions provider, today announced that it has secured follow-on purchase orders from joint venture entities of Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher") and from Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Strongh

The 11,000 New A1346 Model Mining Machines are Scheduled to be Delivered and Energized in the Third Quarter of 2023 Purchase Will Complete the Buildout of Cipher's Facility in Odessa, Texas and Achieve a Hash Rate of 7.2 Exahash per Second ("EH/s") by the End of the Third Quarter of 2023 NEW YORK and SINGAPORE, May 09, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher"), a leading developer and operator of bitcoin mining data centers, and Canaan Inc. (NASDAQ:CAN) ("Canaan"), a leading high-performance computing solutions provider, today jointly announced an agreement whereby Cipher has purchased from Canaan 11,000 new A1346 model mining machines to be delivered in th