Canaan Executives Invest Over $2 Million in Company Shares, Signaling Confidence in Future Growth

Canaan Inc.’s top executives, including CEO Nangeng Zhang and CFO James Jin Cheng, have pledged to invest over $2 million in the company’s shares following the recent Bitcoin halving event. This move reflects their strong belief in Canaan’s future prospects and potential undervaluation, fueled by the anticipated growth opportunities within the Bitcoin ecosystem. Market reactions from other stakeholders may be influenced by this decision.