Riot, Marathon, Canaan See Record Monthly Share Gains as Bitcoin Clears All-Time High
Mining companies are soaring as bitcoin hits record highs.
Canaan shares have gained 230% so far in February.
The company's director of finance will serve as acting CFO.
The new venture is expected to increase revenue and "optimize" its product offering structure.
The company says a "majority" of the ASICs are already deployed.
Delivery of the new machines is set to start in May.