2021-6-8 20:43 |
Canaan shares rose in price by 10% after reporting multiple growth in revenue in the first quarter of 2021, driven by an increase in bitcoin mining. Overseas markets drove the growth.
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In a 2020 financial results release, bitcoin mining rig manufacturer Canaan laid out a case for major profit growth in 2021.
2021-4-12 23:10 | |
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Bitmain’s long-anticipated initial public offering (IPO) filing with the Hong Kong Stock Exchange is officially a bust. The mining titan’s IPO expired on Tuesday, March 26, 2019.
2019-3-26 00:22 | |
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ASIC chip manufacturer Canaan Creative is closing the gap between itself and industry leader Bitmain after a massive infusion of capital. In its latest funding round, the Chinese mining company has raised several hundred millions of dollars, Chinese publication Securities Times reports.
2019-3-14 00:05 | |
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The sustained bear market has hit cryptocurrency miners hard and stalled the incredible growth experienced by hardware manufacturers that service the industry. It seems that investors are still willing to pour significant money into the business, however, judging by Canaan Creative’s latest raise.
2019-3-13 03:10 | |
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