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The recent massive selloffs in bitcoin and other crypto currencies have left Ebang, Canaan and BIT Mining coping with tanking share prices and dire business outlooks. Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its ...
Canaan (NASDAQ: CAN) , a leading high-performance computing solutions provider, has announced its entry into agreements with certain warrant holders to repurchase over 4.72 million outstanding warrants of the company for an aggregate purchase price of approximately US$6.61 million. Accordin...
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...
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Canaan Attended Bitcoin 2024 in Nashville and Initiated its CAN Community Canada NewsWire NASHVILLE, Tenn. , July 29, 2024 /CNW/ -- Canaan Inc. (NASDAQ: CAN), a leader in high-performance computing solutions and creator of ASIC Bitcoin miners, announced i...
For the past few weeks, the government of Germany has been offloading a significant amount of Bitcoin , contributing to the crypto’s recent downturn. In June, the Federal Criminal Police Office (BKA) started selling Bitcoin, originally seized from a defunct movie piracy website, from a wa...
Canaan Launches the Third Generation of Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024 Canada NewsWire MIAMI , June 26, 2024 /CNW/ -- Canaan Inc. (NASDAQ: CAN), the creator of ASIC Bitcoin miners, unveiled its latest advancement, the Avalon ...