Bitcoin Price Lifts Crypto Stocks Ahead of Coinbase Listing
Michael Saylor’s MicroStrategy was up 18.5% in global markets. His firm’s bitcoin proxy stock wasn’t alone in seeing green.
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Apr 14, 2021 at 1:18 p.m. UTC
Apr 14, 2021
Canaan
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Canaan Plunges as Inventory Issues Slashed Q4 Bitcoin Mining Machine Sales
Despite bull-market-driven demand for the company’s bitcoin mining machines, Canaan’s Q4 revenue plummeted due to COVID-related supply chain issues.
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Apr 12, 2021 at 6:01 p.m. UTC
Apr 12, 2021
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Former Canaan Directors to Guide Chinese Gaming Firm's Pivot to Crypto Mining
Former directors of Canaan Inc. are investing in the Shanghai firm and will help launch its new mining subsidiary.
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Jan 5, 2021 at 11:15 a.m. UTC
Jan 5, 2021
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Bitcoin Mining Equipment Maker Canaan Sets $10M Buyback Program
The board of directors of bitcoin mining manufacturer Canaan approved a buyback program Monday for its lagging shares.
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Sep 8, 2020 at 4:28 p.m. UTC
Sep 8, 2020
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Bitcoin Miner Maker Canaan Drops 3 Directors in Possible Boardroom Coup
Sources speaking to Chinese media said a dispute at Canaan Creative has led to a power grab by now-Executive Director Nangeng Zhang.
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Jul 9, 2020 at 4:03 p.m. UTC
Jul 9, 2020
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Bitcoin Miner Maker Canaan's Stock Hits Record Low 1 Month After Halving
Shares of Canaan Creative, one of the few publicly traded crypto miner manufacturers, fell below $2 Monday, their lowest after going public last year.
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Jun 15, 2020 at 11:18 p.m. UTC
Jun 15, 2020
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Canaan Reports $5.6M Loss in Q1 Despite Bitcoin Miner Price Cut
The China-based manufacturer had cut the pricing for its bitcoin miners by half during the first three months.
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May 22, 2020 at 12:17 p.m. UTC
May 22, 2020
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How the Long Tail of the Coronavirus Might Slow Bitcoin's Hash Power Growth
The shortage of new mining machines caused by the coronavirus outbreak could curb computing power growth from Chinese miners who contribute over 65% of Bitcoin’s hash power.
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Feb 5, 2020 at 7:10 p.m. UTC
Feb 5, 2020
Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.
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Dec 17, 2019 at 9:00 p.m. UTC
Dec 17, 2019
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Avalon Bitcoin Miner Maker Canaan Officially Files for $400 Million US IPO
Avalon bitcoin miner maker Canaan Creative has just formally filed for a $400 million US IPO.
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Oct 28, 2019 at 10:00 p.m. UTC
Oct 28, 2019