Today, Canaan Inc. (NASDAQ: CAN) announced The adoption of an official Cryptocurrency Holding Policy, which positions Bitcoin as the company’s core long-term reserve asset. This policy is a major shift for the management of digital assets at the company, with a goal to increase its stability financially and more closely align itself with other companies. Bitcoin economy.
“The Policy is designed to anchor Canaan’s capital allocation approach firmly within its core competency—the global bitcoin ecosystem—while providing measured flexibility to address operational requirements that may arise from the Company’s self-mining operations, bitcoin mining machine sales, and related crypto-infrastructure initiatives,” The chairman and CEO Canaan, Nangeng Zhang. “We believe in the strategic importance of maintaining bitcoin reserves, which reached 1,484 bitcoins as of June 30, 2025.”
The company’s policy outlines a systematic approach to acquiring, holding and disposing bitcoin and other cryptocurrency, with an emphasis on managing liquidity, reducing risk and achieving long-term goals. This framework will ensure that Bitcoins earned by Canaan through its business activities, including self-mining or the sale of mining gear, are held long term.
“Canaan believes that a disciplined, long-term BTC reserve position fortifies its balance sheet, aligns the Company with the broader digital asset economy, and provides strategic optionality for future growth,” According to the firm,
There is some flexibility in the policy. The policy allows for some flexibility. Bitcoin will remain the centerpiece of the company’s crypto strategy, Canaan may also acquire other digital assets such as Ethereum or Genius Act–compliant stablecoins. The non-core assets are typically converted to fiat currencies, although they may temporarily be held to meet short or medium term operational, hedging and other objectives.
Canaan hopes to strengthen its digital assets position by formalizing Bitcoin. This will help it build a more robust balance sheet and increase its strategic flexibility. Bitcoin is seen by the company as not just a safe-haven asset, but as an inflation hedge and long-term store of value.
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Source: bitcoinmagazine.com
