Crypto mining hardware manufacturer Canaan Inc. has taken action to stabilize its stock price amid challenging market conditions, announcing a share repurchase program valued at up to $30 […]
Canaan Reports Major Revenue Surge of 135.9% in Q1 2025
Canaan Inc., a prominent provider of ASIC mining hardware, experienced a significant revenue surge in the first quarter of 2025. Their earnings report revealed a remarkable year-on-year increase […]
Canaan Faces Nasdaq Delisting Threat Over Bid Price Discrepancy
Canadian cryptocurrency chip manufacturer Canaan Inc. has been issued a warning notice by the Nasdaq for failing to maintain minimum bid prices, potentially jeopardizing its listing on the […]
Canaan Receives Buy Rating: Analysts See Significant Potential for Stock Growth
Investment bank Benchmark has issued a bullish rating on Canaan, the manufacturer of Bitcoin mining equipment. They’ve set a price target of $3 per share, representing a five-fold […]
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 […]