CAN News and Press, Canaan Inc. From 05/12/21

RADNOR, PA / ACCESSWIRE / May 12, 2021 / The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Canaan Inc. (NASDAQ:CAN) ("Canaan") ...

Bitcoin received a lot of negative coverage during its bottoming process around 2 years ago. Fast forward, and Bitcoin is floating around $58,000, roughly 1,500% higher from its lows in late 2018. Explosions in global debt and monetary supply should lead to continued popularity an...

Many stocks with tight connections to the cryptocurrency market fell hard in April 2021. North American Bitcoin (CRYPTO: BTC) miners Riot Blockchain (NASDAQ: RIOT) and Marathon Digital Holdings (NASDAQ: MARA) ended the month 21.5% and 23.4% lower, respectively, acc...

RADNOR, PA / ACCESSWIRE / May 7, 2021 / The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Canaan Inc. (NASDAQ:CAN) ("Canaan") o...

Bitcoin failed to deliver its promises during the last 12 years of existence. As a result, Bitcoin still has no "use-case" and is purely used as a medium of speculation. Bitcoin is driven by media hype and retail momentum; at this point, Bitcoin has exhausted major catalysts, which is...

Canaan Announces Closing of Registered Direct Offering of US$170.0 Million of its ADSs and Warrants PR Newswire BEIJING , May 5, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provid...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Canaan  (NASDAQ: CAN ) is a fast-growing Chinese maker of ASIC (application-specific integrated circuit) cryptocurrency mining machines. Based on Canaan’s Q4 2020 earnings release from April , CAN stock lo...

Shares of Canaan (NASDAQ: CAN) were crushed on Thursday after the company announced a substantial direct stock offering. As of 12:30 p.m. EDT, the stock was down 12%. In all, Canaan is offering around 17.5 million American depositary shares (ADS) to raise around $170 million.&#x...

Canaan ([[CAN]] -12.6%) entered into a securities purchase agreement with certain institutional investors for a registered direct placement of ~$170M of its ADSs; each ADS represents 15 Class A ordinary shares, par value $0.00000005/share or $12.6/ADS.The company also agreed to issue warrants...

BEIJING, April 29, 2021 (GLOBE NEWSWIRE) -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced it has entered into a securities purchase agreement with certain institutional investors for a registered direct placem...