Canaan Inc boosts Bitcoin holdings by 28 BTC, reaching 1,778 BTC total

Bitcoin Desk - The Bitcoin Street Journal cyberpunk, trending on artstation in the style of cyberpunk

Canaan Inc, a publicly traded Bitcoin mining company based in Singapore, has increased its Bitcoin holdings by 28 BTC, bringing its total to 1,778 BTC. This move is part of a broader trend among publicly traded Bitcoin miners, who are increasingly adding to their Bitcoin reserves as part of their treasury strategies. Singapore-based mining firms, like Canaan Inc, are actively building Bitcoin reserves amid favorable market conditions, contributing to the company’s position at 38 in the Bitcoin 100 Ranking.

Source

You might be interested in …

Comparing BlackRock, Fidelity, and Ark Bitcoin ETF Holdings

Bitcoin Desk February 24, 2026

Braiins user nabs $200K Bitcoin reward with rented hashpower

A solo Bitcoin miner achieved the rare feat of earning a $200,000 reward after spending just $75 to rent hash power, illustrating the lottery-like odds often associated with solo mining successes. The achievement was made […]

Bitcoin Desk February 24, 2026

TD Cowen forecasts Bitcoin hitting $225,000 by 2027

Investment banking firm TD Cowen has forecasted that Bitcoin could reach $225,000 by 2027. This prediction aligns with broader trends, where analysts highlight Bitcoin’s emergence as a hedge against inflation, particularly after its scheduled halvings, […]

Bitcoin Rises After Supreme Court Rules Against Trump Tariffs

Bitcoin Desk February 25, 2026

Bitcoin tops $69K in latest rally

Bitcoin has surged above $69,000, signaling a significant rise in its market value. This increase comes amidst growing institutional interest in Bitcoin as a hedge against inflation, which has been driven by endorsements from tech […]