Exchange: NASDAQ·Updated 07:55 PM EDT
CAN logo

CAN Canaan Inc - ADR

$0.2005
$0.0236
(10.53%)
Today
Closed $0.2005
$0.0024
(1.20%)
After Hours
EarningsNov 17
Mkt Cap$141.12M
Vol9.81M

About CAN

Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. It focuses on the development of green mining. The company was founded by Jia Xuan Li, Xiang Fu Liu and Nan Geng Zhang on January 19, 2013 and is headquartered in Singapore.
43

Bearish Sentiment

How do you feel about CAN?

Mindscan
$CAN Looks like we will have a good start of the week, about time. Get that .3 down and retest previous mid .4. That's the first goal. We pass .5 and we will see 1 before compliance date 💪💪💪
13
Mindscan
$CAN Roadmap to 1$ by eoy: BTC about to retest 85K, good chance it will break 90K in November. CAN will catch up and retest previous top around .45, it breaks and .5 is on the table. We break .5 on a strong BTC and trust will come we will hit our compliance target, more people will add, new traders will arrive. The run to 1 from .5 will be much easier than current battle.
12
dd1233
$CAN so they have money to invest in other companies and not in themselves. Interesting!!
3
1
Mindscan
$CAN Have a look at Mara and Riot, our chart is a 1/1 copy on the monthly so BTC related stocks are going through the same crap, however BTC is holding well so that's the strange thing. If we hold 0.23 for a couple of days we're in an accumulation phase which would be good but we do need a few solid green days to get things really going. I still believe we can hit 1+ before January we just need those 50M+ volume days. BTC hitting 100K+ would do it for us, doable.
1
8
TIZ3N
$CAN A quick reminder to everyone... This is $CAN against 7 other bitcoin mining related stocks. $CAN is the thick light blue line, that basically does best last 1 month of the 8 total bitcoin mining related stocks. The purpose of this post, is to ask you all to calm your tits, sit down - hold on to your hats and glasses - as we are about to explode when Bitcoin breaches 90-100k in the near future, Q4/Q1. BULLIIIIIIISHHHH!!!!
9
TheRealGrimace
$CAN the hamburglar is relentless, but one day Canaan will rise from the ashes. 10x is just 2 bucks. Think about the upside here. Will be a 10$ stock when Bitcoin hits 1M$.
1
5
ksrk618
$CAN looks like $BTC.X is getting ready for another up leg. Good days ahead for $CAN Hopefully my patience will be paid back.
9
hend971
Stay strong, $CAN holders. Once Bitcoin resumes its upward momentum, it could provide a strong tailwind for CAN and the broader mining sector. CAN may not recover as quickly or as strongly as we’d like, but a sustained BTC rally would improve the conditions for a rebound. Patience.
1
5
dd1233
$CAN Come on, show us some actual results! Don't tell me all those hiring sprees and job postings were for nothing. I went heavy on $CAN during that expansion, especially making my second big buy at .51 right when the CEO was buying shares. It’s time for management to deliver
8
dd1233
$CAN Seeing that 500k volume spike in the last 5 minutes of trading gives me a little hope every single afternoon. Every evening or pre-market, I catch myself checking, hoping today's the day we finally get an update or news release. So far they haven't proven that hope right, but I still watch that closing volume every day. If there’s one thing holding $CAN has taught me, it’s that you need extreme patience. Let's hope for the best—nothing else we can do but wait.
8
hend971
$CAN Shareholders have received no meaningful investor update on mining performance, the energy/HPC roadmap, or a clear plan to regain Nasdaq $1 compliance. BTC moves, but CAN barely responds. Can management provide a proper progress update and timeline for investors?
1
5
FlicFlac
$CAN independent auditor change is great business update, it is a game changer, I will add more
1
3
Hamlet777
BTC is moving, but $CAN isn't following 1:1. That's because Canaan isn't just a Bitcoin proxy anymore. The market is waiting for Canaan-specific catalysts. What I'm watching: 🔹 October: mining + Tether + compute/energy updates 🔹 Nov–Dec: potential power/HPC announcements 🔹 End of 2026: management remains confident about securing GW-scale power 🔹 Jan. 11, 2027: Nasdaq $1 compliance deadline Canaan already has a real Tether relationship and is building its compute + energy strategy. Now we wait for the big confirmation: power → projects → customers → revenue. If those pieces start coming together, the story could change very quickly. 👀🚀
6
LudwigVanBeethoven
$CAN bottom line, Luxor helps selling the ASICS. Allows non full-ownership and partake in investments in mining. This would allow gapping the ASIC buyer hesitation (until the big btc bull run continues). So it could become very bullish at this stage indeed. Totally undervalued news.
4
CrooninCow
$CAN Gentlemen, why are you sitting idle? Maybe it’s time to buy more shares? Shares won’t stretch themselves by $1 😄🤌🏻
1
1
Gunpowder
$CAN So, its ok for us to drop with bitcoin, but not ok for us to rise with bitcoin. ...Just making sure I understood the rules correctly.
1
2
LudwigVanBeethoven
$CAN reasonining? (a) RS is set (b) no defined RS yet, but shorts kill it anyways (c) Weiss + CIFR running for the hills (d) dilution dilution dilution
1
2
DONGLORD
$CAN Worth noting everything is red today. No excuses. I lost a bunch of money here earlier this year and I'm hard in the red right now, but it's not like we can expect CAN to fly today.
5
RustedEagle
$CAN I am open to knowing why so many people are bearish about this stock when the company is going through a short-term (not long-term) setback. Furthermore, the company repositioned itself to offset financial issues. Please let me know.
5
LudwigVanBeethoven
$CAN not yet disclosed via PR, so there is more to come in this regard. Luxor, remember? Now what would happen if they 'buy out' the ASIC miner and company shows up their already tested (but not disclosed) new ASIC (taped out months ago)? That could be the trigger for a big run.
1

Advertisement|Remove ads.