Summary："Canaan CEO and CFO Boost Confidence with Strategic Open Market Share Purchases"SINGAPORE, June 24,

"Canaan CEO and CFO Boost Confidence with Strategic Open Market Share Purchases"

SINGAPORE, June 24, 2026 - In a significant display of confidence in their company's future prospects, the CEO and CFO of Canaan Inc. (NASDAQ: CAN), a pioneering force in the crypto mining industry, have made substantial open market purchases of the company's shares. This strategic move underscores management's faith in Canaan's long-term growth strategy and its commitment to creating value for shareholders.

According to recent disclosures, Canaan's top executives have acquired a considerable number of shares on the open market, a decision that reflects their optimism about the company's potential for future growth. This move is particularly noteworthy as it comes at a time when the crypto mining sector is navigating through a complex and evolving landscape. By investing their own resources in Canaan's stock, the CEO and CFO are sending a strong signal to the market about their confidence in the company's ability to weather current challenges and capitalize on emerging opportunities.

The crypto mining industry has been subject to various market and regulatory dynamics, influencing the operational landscape for companies like Canaan. However, the recent purchases by Canaan's management suggest a belief in the company's robust fundamentals and its capacity to adapt to changing market conditions. Industry analysts are viewing this development as a positive indicator, suggesting that Canaan is well-positioned to leverage its technological innovations and strategic initiatives to drive long-term success.

As the crypto mining sector continues to evolve, companies that demonstrate agility, innovation, and strong leadership are likely to emerge as leaders. Canaan's proactive approach, as evidenced by its management's recent share purchases, is expected to bolster investor confidence and potentially attract new investment into the company. With its focus on advancing crypto mining technology and expanding its operational capabilities, Canaan is poised to capitalize on growth opportunities in the sector.

In conclusion, the strategic open market share purchases by Canaan's CEO and CFO serve as a powerful vote of confidence in the company's future. As the crypto mining industry navigates its current challenges and looks towards a more stable and prosperous future, Canaan's commitment to innovation and growth positions it favorably among its peers. Investors and industry observers alike will be watching closely to see how Canaan's strategies unfold in the coming months.