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Canaan Inc

CAN

Market valuation vs the Bitcoin it holds

2.22×
Premium
a 122% premium to Bitcoin NAV

Canaan Inc trades at 2.22× its Bitcoin NAV — you pay $2.22 for every $1 of Bitcoin it holds, a 119.4M USD pile.

Live · last updated

BTC held
1870 BTC
Bitcoin treasury
Bitcoin NAV
119.4M USD
at today's BTC price
Market cap
253.3M USD
Fully diluted
Share price
0.329 USD
USD
Last BTC buy
41 BTC
Jun 11, 2026

mNAV over time

Full history · diluted

Today's 2.22× sits in a 52-week range of 1.20× to 5.56×.

mNAV · 52-week range
1.20×–5.56×
1.20×now 2.22×5.56×

About Canaan Inc

Canaan Inc (CAN) owns 1870 BTC. At today's price that Bitcoin is worth 119.4M USD. The market caps the whole company at 253.3M USD 2.22× its Bitcoin. Put plainly: you pay $2.22 for every $1 of Bitcoin it holds, a 122% premium for everything that isn't the Bitcoin. It bought in at an average of 56.4K USD per coin.

Canaan Inc (CAN) mNAV — frequently asked

What is Canaan Inc (CAN)'s mNAV?
Canaan Inc's mNAV is currently 2.22×. mNAV divides CAN's market capitalisation by the value of the Bitcoin it holds, so 2.22× means the market values the company at 2.22× the worth of its Bitcoin treasury (119.4M USD).
Is Canaan Inc (CAN) overvalued versus its Bitcoin?
At 2.22×, Canaan Inc (CAN) trades at a 122% premium to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 1.20×–5.56×.
How much Bitcoin does Canaan Inc (CAN) hold?
Canaan Inc holds 1870 BTC, worth 119.4M USD at current prices. Its most recent purchase was 41 BTC on Jun 11, 2026.

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