Canaan, Inc. designs and sells integrated circuits. It offers Kendryte AI and Avalon Miner products. The firm is a developer of supercomputing chips and the manufacturer of digital block chain computing equipment as well as the supplier of overall scheme for computer software and hardware of digital block chain. The company was founded by Li Jiaxuan, Liu Xiangfu and Zhang Nangeng in 2013 and is headquartered in Hangzhou, China.
Nasdaq-listed bitcoin miner manufacturer Canaan is set to issue $12.4 million worth of shares in employee benefit plan.The post Bitcoin miner maker Canaan to issue $12.4 million worth of shares in employee benefit plan appeared first on The Block.
In this article we will check out the progression of hedge fund sentiment towards Canaan Inc. (NASDAQ:CAN) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 […]
Bitcoin mining rig manufacturer Canaan Creative reported a net loss of $5.6 million for the first quarter of 2020, down from $9.5 million a year earlier. The Chinese company cut prices of its ASIC-based machines by over 50% in an effort to improve sales, but that wasn’t enough to prevent the heavy loss. Demand slumped […] The post Canaan Narrows Q1 Loss to $5.6 Million Amid Weakening Demand for Mining Hardware appeared first on Bitcoin News .