[Canaan Inc. Discloses Full Liquidation of ETH and Sale of 54 BTC] According to PRNewswire, cryptocurrency mining company Canaan Inc. released an unaudited operational update as of August 31, 2026, revealing that in late August, it sold all 3,952 Ethereum holdings at an average price of approximately $2,400 per token and sold 54 Bitcoin at an average price of approximately $79,000 per token. The company used part of the proceeds to repurchase approximately 13.6 million American Depositary Shares ('ADS'), bringing the total number of ADS repurchased since the beginning of the year to approximately 16.4 million.