In a bold and strategic move amidst growing inflationary pressures, Canaan Inc., a leading player in the Bitcoin mining industry, has announced its intention to adopt Bitcoin (BTC) as its primary reserve asset.
This decision marks a significant transition for the company, aimed at enhancing its financial stability and aligning more closely with the burgeoning Bitcoin economy.
With a comprehensive Cryptocurrency Holding Policy already in place, Canaan has successfully accumulated 1,484 BTC as of June 30,
2025.
In this article, we delve into the details of this policy, explore the implications of adopting Bitcoin as a reserve asset, and examine how this step aligns with the evolving landscape of cryptocurrency investments.
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Key Takeaways
- Canaan Inc. has adopted Bitcoin as its primary reserve asset to improve financial stability amidst inflation concerns.
- The company's new Cryptocurrency Holding Policy emphasizes long-term holding of Bitcoin earned from mining and equipment sales.
- Chairman Nangeng Zhang highlights Bitcoin's role as a hedge against inflation and a means to fortify the company's balance sheet.
Overview of Canaan Inc.'s Cryptocurrency Holding Policy
Canaan Inc., a leading player in the Bitcoin mining industry, recently made headlines by adopting Bitcoin (BTC) as its primary reserve asset to bolster its financial stability in the face of rising inflation concerns.
Under its newly implemented Cryptocurrency Holding Policy, the firm has successfully accumulated 1,484 BTC as of June 30,
2025.
This strategic decision not only enhances Canaan's balance sheet but also aligns the company more closely with the expanding Bitcoin economy.
The policy establishes a methodical framework for managing digital assets, highlighting a long-term strategy centered around Bitcoin acquired through self-mining operations and equipment sales.
While the company may engage in temporary acquisition of non-core digital assets—such as Ethereum or stablecoins—the primary objective remains to convert these assets into fiat currency when immediate operational liquidity is required.
Canaan's Chairman and CEO, Nangeng Zhang, has reiterated the significance of holding Bitcoin as a core reserve strategy, underscoring its role in safeguarding the company's future growth initiatives amidst a volatile economic landscape.
By embracing BTC not just as a mined commodity but as a strategic financial asset, Canaan Inc.
positions itself as a forward-thinking entity ready to navigate the complexities of the digital asset market, leveraging Bitcoin both as a hedge against inflation and a reliable store of value.
Implications of Adopting Bitcoin as a Reserve Asset
The broader implications of Canaan Inc.'s decision to adopt Bitcoin as a reserve asset are significant for the cryptocurrency landscape.
Firstly, it sets a precedent for other companies in traditional sectors to consider Bitcoin as a viable method of asset preservation.
This move enhances the credibility of Bitcoin, as more businesses recognize its potential not only as a medium of exchange but also as a strategic financial instrument.
Furthermore, by integrating Bitcoin into its financial ecosystem, Canaan Inc.
demonstrates a proactive approach to navigating economic uncertainties, particularly in an environment where inflation rates have prompted concerns over fiat currency value.
This shift may contribute to increased adoption of Bitcoin among corporations looking to bolster their financial resilience, potentially leading to greater market stability and wider acceptance of cryptocurrencies as mainstream financial tools.
By Wolfy Wealth - Empowering crypto investors since 2016
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