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CAN News and Press, Canaan Inc. From 08/18/23

Stock Information

Company Name: Canaan Inc.
Stock Symbol: CAN
Market: NYSE
Website: canaan-creative.com

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CAN - EZFL, BKTI among major tech gainers; VJET, KEYS among losers

2023-08-18 15:04:08 ET Gainers: EZFill Holdings ( EZFL ) +25% . BK Technologies ( BKTI ) +21% . Hitek Global ( HKIT ) +18% . My Size ( MYSZ ) +14% . Complete Solaria ( CSLR ) +12% . Losers: voxeljet AG ( VJET ) -22%...

CAN - Canaan temporarily shuts bitcoin mining operations in Kazakhstan

2023-08-18 09:26:15 ET Canaan Inc ( NASDAQ: CAN ) Friday said it has decided to temporarily shut down about 2.0 Exahash/s of its mining computing power in Kazakhstan since July, subsequent to the rules for licensing of digital mining activities became effective in Kazakhstan....

CAN - Federal Judge Rules Certain Cryptos Qualify as Securities

A federal judge presiding in Manhattan has expressed the view that cryptocurrencies should be regarded as securities , regardless of the method of their transaction. This interpretation grants the Securities and Exchange Commission (SEC) authority to press charges related to securities against T...

CAN - Stronghold Digital Mining Purchases 2,000 New A1346 Bitcoin Miners From Canaan Inc. and the Companies Expand Their Existing Bitcoin Mining Agreement with an Additional 2,000 A1346 Miners

NEW YORK and SINGAPORE, July 27, 2023 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”), a vertically integrated Bitcoin mining company, and Canaan Inc. (NASDAQ: CAN) ("Canaan"), a leading high-performance computing solutions provider, today jointly a...

CAN - Author of 'Rich Dad, Poor Dad' Foresees End of USD Dominance as Crypto Grows

Robert Kiyosaki, author of the highly acclaimed personal finance book “Rich Dad, Poor Dad,” expressed a pessimistic view toward the U.S. dollar following reports that BRICS nations have reached an agreement to introduce a currency backed by gold. The BRICS alliance comprises Bra...

CAN - Canaan Stock: Bitcoin Rally Keeps It Interesting

2023-07-12 17:30:01 ET Summary Canaan has faced several headwinds over the past year but is well-positioned to benefit from the ongoing rally in Bitcoin prices. The recent announcement to sell 11k Bitcoin mining machines to U.S.-based 'Cipher Mining' highlights the company's impro...

CAN - Why Crypto Mining Stocks Like Canaan and TerraWulf Were on Fire Today

2023-07-07 18:23:00 ET Friday was an excellent day to be an investor in cryptocurrency mining company stocks. As a group, they surged ahead, with many rising at low double-digit rates. Among these high flyers were Canaan (NASDAQ: CAN) , TerraWulf (NASDAQ: WULF) , and C...

CAN - US Supreme Court Issues Favorable Ruling for Coinbase

On June 23, 2023, the United States Supreme Court delivered a verdict in favor of cryptocurrency exchange Coinbase , rendering a partisan decision that will put a halt to court proceedings against the company in two separate cases in California. These class-action lawsuits were initiated by plai...

CAN - 3 Tech Stocks to Sell After Major Setbacks

2023-06-26 09:20:02 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Companies within the tech sector have been a real draw for investors for a long time. Stocks like Meta Platforms (NASDAQ: META ), Apple (NASDAQ: ...

CAN - Canaan Inc. to Participate in Cantor Technology Conference on June 14-15, 2023

Canaan Inc. to Participate in Cantor Technology Conference on June 14-15, 2023 PR Newswire SINGAPORE , June 12, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) (" Canaan " or the "Company"), a leading high-performance computing solutions provider, today announ...

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