Canaan Secures Record U.S. Order for 50,000 Avalon A15 Pro Bitcoin Miners

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

Canaan Inc., an innovator in crypto mining, 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.

"This milestone order represents a significant win for Canaan and reflects the robust resurgence of the U.S. market," said Nangeng Zhang, chairman and CEO of Canaan. "It highlights not only the strength of our Avalon A15 Pro but also our deep commitment to serving customers worldwide, with a particular focus on building long-term partnerships in the U.S. market. With a focus on delivering machines that combine quality, performance, and strong return on investment, we remain dedicated to delivering the highest quality mining infrastructure and to supporting our customers' growth with innovation, reliability, and trust."

The Avalon A15 Pro, Canaan's latest generation bitcoin mining machine, offers industry-leading efficiency and reliability. With power costs and efficiency as defining factors for mining economics, the Avalon A15 Pro provides institutional miners with a tool to mine competitively because of the reliability and industry-leading uptime performance of its machines.

With this record-setting purchase order, Canaan's position as a trusted partner for institutional-scale mining operations worldwide has been reinforced.