canaan inc
World's Second Largest Bitcoin Mining Company Raises $90M in US IPO
The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).
Canaan Inc. Secures Major Order for Avalon Miner A1566 from Cipher Mining
Canaan Inc. announces significant purchase order from Cipher Mining for Avalon Miner A1566 units.
Canaan Unveils Immersion Cooling Avalon Miner A1566I at Mining Disrupt 2024
Canaan Inc. launches the Avalon Immersion Cooling Miner A1566I at Mining Disrupt 2024, featuring enhanced efficiency and innovative design.
Canaan Inc. to Participate in Rosenblatt's Technology Summit on AI and Bitcoin Mining
Canaan Inc. announces participation in Rosenblatt's 4th Annual Technology Summit, focusing on AI and Bitcoin mining ASICs.
Canaan Inc. (CAN) to Release Q2 2024 Financial Results on August 15
Canaan Inc. (NASDAQ: CAN) will report its Q2 2024 financial results on August 15, 2024, before the U.S. market opens, according to PRNewswire.
Canaan Inc. (CAN) Reports Strong Q2 2024 Financial Results
Canaan Inc. (NASDAQ: CAN) reports robust Q2 2024 financial results with significant revenue growth and improved profitability.
Canaan Inc. to Join Macquarie's 15th Annual ASEAN Conference
Canaan Inc. (NASDAQ: CAN) will participate in Macquarie's 15th Annual ASEAN Conference on August 27-28, 2024, hosting one-on-one meetings with institutional investors.
Canaan Inc. to Join Benchmark's 11th Annual TMT Conference in NYC
Canaan Inc. (NASDAQ: CAN) will participate in Benchmark's 11th Annual TMT One-on-One Conference in New York City on September 4, 2024.
Canaan Inc. to Join 4th Annual Needham Virtual Crypto Conference
Canaan Inc. (NASDAQ: CAN) will participate in the 4th Annual Needham Virtual Crypto Conference on September 5, 2024, featuring a presentation and investor meetings.
Canaan Inc. to Join H.C. Wainwright Global Investment Conference 2024
Canaan Inc. (NASDAQ: CAN) announces participation in H.C. Wainwright's 26th Annual Global Investment Conference on September 9-11, 2024.
Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing
Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations.
Canaan Inc. Secures Major Order from CleanSpark for Bitcoin Mining Equipment
Canaan Inc. has announced a significant deal with CleanSpark, supplying 3800 Avalon A1566I miners to bolster CleanSpark's immersion mining operations, enhancing efficiency.
Canaan Inc. (CAN) to Announce Q3 2024 Financial Results on November 20
Canaan Inc. is set to release its third-quarter 2024 financial results on November 20, 2024, followed by a conference call to discuss the outcomes.
Canaan Inc. (CAN) Secures Securities Purchase Agreement for North American Expansion
Canaan Inc. has finalized a securities purchase agreement to bolster its digital mining operations and equipment production in North America, securing investment from a key institutional partner.
Canaan Inc. Expands Bitcoin Mining Operations in North America
Canaan Inc. strengthens its North American presence with expanded Bitcoin mining operations in Texas and Pennsylvania, aiming for a 10 EH/s capacity by mid-2025.
Canaan Inc. Expands Partnership with HIVE Through New Order of 5,000 Avalon Miners
Canaan Inc. has secured a follow-on order from HIVE for 5,000 Avalon A15-194T miners, enhancing their collaboration in Bitcoin mining operations.
Canaan Inc. (CAN) Registers 120% YoY Revenue Increase in Q3 2024
Canaan Inc. (NASDAQ: CAN) reports a significant 120.9% year-over-year revenue increase for Q3 2024. The company sold 7.3 million Thash/s computing power, despite a challenging market.
Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan
Federal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.
Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO
One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.
Square Inc. To Go Carbon Neutral in Its Bitcoin Operations by 2030
Jack Dorsey’s payment company Square Inc. has laid out plans to go carbon neutral bordering on all Bitcoin and operational aspects by 2030.
Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments
As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.
Square Inc. Launches Alliance for Crypto and Blockchain Companies to Fight Patent Trolls
Square has announced that it has successfully launched COPA to empower blockchain and crypto companies and to protect them from patent hoarding trolls.
Canadian Dollar Stablecoin QCAD Launched for Mass Market
Canada Stablecorp Inc. has launched a new regulated Canadian Dollar stablecoin called “QCAD”.
PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv
PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.
Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare
Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.
Square Wants Less Technical User-Friendly Cryptocurrency Wallets
Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.
Nasdaq-Listed Riot Blockchain Posts a Profitable Third Quarter
Riot Blockchain Inc, one of the few blockchain companies to be listed on the Nasdaq has posted yet a profitable third quarter performance.
Ripple is Determined to be Carbon Neutral by 2030
Ripple Labs Inc, the blockchain company behind the Ripple (XRP) coin has declared its intentions to eliminate all of its carbon footprint by 2030.