CAN News and Press, Canaan Inc. From 05/26/22

Bitcoin has seen an overall decrease of 57% since November 2021 (an all-time high) and a YTD decrease of 37% Investor Mark Cuban tweeted that he believes cryptocurrency is in a lull period, much like the early internet, and expects the industry to bounce back – especially for tho...

Canaan shares surged after Q1 results despite the company missing its own revenue guidance. With bitcoin’s price down nearly 40% since the start of April, things have been less rosy in the current quarter. Canaan is also under the eye of the U.S. securities regulator for it...

Palm Beach, FL – May 24, 2022 – FinancialNewsMedia.com News Commentary – The global crypto mining industry has been steadily rising over the past few years and is projected by most experts to continue its rapid growth over the next several years. A report ...

This week has been a rather disparate one among various Bitcoin (CRYPTO: BTC) mining stocks. Chinese-based cryptocurrency miners and mining-related stocks have outperformed their U.S. counterparts by an incredible degree, due to reports that underground mining operations have ma...

Shares of Canaan (NASDAQ: CAN) surged as much as 21.3% higher on Thursday, following the release of impressive first-quarter results. By 3 p.m. ET, the stock had retreated to a still-impressive gain of 10.4%. The maker of microchips and systems specially intended for mining Bi...

Vancouver, Kelowna, Delta, BC - May 19, 2022 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market. Listen ...

Canaan Inc. (CAN) Q1 2022 Earnings Conference Call May 19, 2022, 08:00 AM ET Company Participants Xi Zhang - IR Manager Nangeng Zhang - Chairman and CEO James Cheng - CFO Conference Call Participants Hans Chung - D.A. Davidson Mike Legg - The Benchmark Company Song Jiaji - Guosheng Securities...

Canaan Inc. (NASDAQ:CAN) stock is surging 11% in Thursday premarket trading after the mining equipment maker and bitcoin miner said it started resuming production and delivery since the end of March. Q1 revenue of $213.9M matched the average analyst estimate and declined from $342.8...

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Canaan press release (NASDAQ:CAN): Q1 GAAP EPADS of $0.41 in-line. Revenue of $213.9M (+236.7% Y/Y) in-line. Total computing power sold was 4.3M Thash/s, representing an increase of 119.1% from 2.0M Thash/s in the same period of 2021. As of March 31, 2022, the Company held cryptocurrency asse...