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Canaan Has Secured A Purchase Order From A U.S.-Based Bitcoin Miner For More Than 50,000 Of Its Latest-Generation Avalon A15 Pro Mining Machines; No Financial Terms Disclosed

Author: Benzinga Newsdesk | October 02, 2025 09:07am

Largest single order in the past three years includes more than 50,000 Avalon® A15 Pro bitcoin miners scheduled for delivery in fourth quarter 2025

SINGAPORE, Oct. 2, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has secured a purchase order from a U.S.-based bitcoin miner for more than 50,000 of its latest-generation Avalon A15 Pro mining machines. Representing the largest order in the past three years, this milestone agreement highlights the strength of Canaan's technology portfolio and affirms both companies' confidence in the long-term growth of bitcoin mining and the market's demand for highly efficient, next-generation infrastructure.

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