Canaan (CAN) Q2 FY26 earnings call

Canaan navigated a challenging Q2 FY26 with revenue below expectations due to weakened Bitcoin prices and increased competition. The company focused on cash management, strategic capital allocation including share repurchases, and optimizing its mining and power infrastructure assets. Despite near-term market caution, Canaan remains committed to its long-term strategy of securing gigawatt-scale power resources and developing compute-to-heat applications.