Bitcoin Mining Giant Holds Flash Sale to Celebrate Price ‘Bottom’
Bitcoin miner maker Canaan Creative has revealed it is temporarily cutting prices to "celebrate" bitcoin's recent price rise.
Canaan, the world's second-largest bitcoin miner maker, is aiming to raise $100 million with its initial public offering.
Canaan, the world's second-largest bitcoin miner maker, has posted $13 million Q3 profit in its latest US IPO filing update.
Bitcoin’s recent price drop has caught many investors off guard. However, a key metric showing worry among the miners gave a warning several weeks ago.
Canaan Creative, the maker of Avalon miners, has closed a significant funding round, valuing the firm at over $1 billion, according to a report.
Xiangfu Liu has left the board and management team of Canaan Creative, maker of the Avalon crypto miner.