The new venture is expected to increase revenue and “optimize” its product offering structure.
Tag: Canaan Creative
Canaan Opens Above $15 After 20% Premarket Surge, New Bitcoin Price Record
Canaan shares have gained 230% so far in February.
Canaan CFO Resigns Citing ‘Personal Reasons’
The company’s director of finance will serve as acting CFO.
Gaming Company The9 Agrees to Buy 26,000 Bitcoin Mining Machines
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Hive Blockchain Buys 6,400 Mining Machines From Canaan to Reach 1,200 PH/s
Delivery of the new machines is set to start in May.
Riot, Marathon, Canaan See Record Monthly Share Gains as Bitcoin Clears All-Time High
Mining companies are soaring as bitcoin hits record highs.
Canaan Reports $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines
Mining hardware manufacturer Canaan Creative reported a Q3 net loss of $12.7 million, or 54 cents per share, more than quadruple the size of Q2’s $2.38 million loss, or 10 cents per share.