CAN News and Press, Canaan Inc. From 06/23/22

Canaan (NASDAQ:CAN) has announced the repurchase of over 4.72M outstanding warrants for ~$6.61M. The transaction will help eliminate all outstanding warrants and streamline the capital structure of the company. The warrants were issued in May 2021 pursuant to (i) certain securities purchase a...

Canaan Inc. Announces The Repurchase of Over 4.72 Million Outstanding Warrants for Approximately US$6.61 Million PR Newswire BEIJING , June 23, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computin...

Crypto mining is as volatile as it is intriguing, and many investors are seeing this volatility on display today. However, unlike most of this year's price action, today's moves among most major crypto mining companies are directionally positive. As of 11:30 a.m. ET, most major crypto m...

Canaan's expertise in ASIC chips has led to its design of a very efficient chip for Bitcoin mining and AI applications. The computer hardware and cryptocurrency mining markets both have high growth potential. Canaan has an early-to-market advantage due to its fast time to market. ...

Bitcoin reached an all-time low of $22,725 since December 2020 Other cryptos are feeling the strain, many of which are facing value declines of more than 30% in just a week Many crypto-focused companies have begun issuing hiring freezes and layoffs as a result of the low-valued price...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The speculative mania of 2020 and 2021 that spilled over to penny stocks has long left the scene. Many names in this category, which consists of stocks trading for under $5 per share, zoomed higher during this era. Sinc...

Shares of crypto mining stocks got absolutely crushed in trading on Monday as the prices of cryptocurrencies dropped. The most notable decline came from Bitcoin (CRYPTO: BTC) , which was down 16.4% over the last 24 hours as of 3 p.m. ET and has during that period been at levels ...

MicroStrategy (MSTR) -25% as crypto market cap sinks below $1T. Astra Space (ASTR) -25% after latest mission failure. Qutoutiao (QTT) -21%. Marathon Digital Holdings (MARA) -17% as crypto market cap sinks below $1T. Bitfarms (BITF) -17% as cry...

While speaking on the sidelines of the World Economic Forum that ended recently in Davos, Switzerland, Ray Dalio, the billionaire founder and manager of the largest hedge fund across the globe said that blockchain is akind of digital gold . Earlier in February, the Bridgewater Associates ...

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...