MARKET COMPOSITE
CAN - Canaan Inc8:00:00 PM 5/17/2024
Price
$1.05
-0.12 (-10.26%)
Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final system products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly of system products; and supply chain and distribution of system products. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. The company was founded in 2013 and is based in Hangzhou, the People's Republic of China.
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Stock news

    Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended March 31, 2024.

    In this piece, we will take a look at the 15 biggest publicly traded bitcoin companies. If you want to skip our coverage of recent developments in the cryptocurrency industry, then you can read 5 Biggest Publicly Traded Bitcoin Companies. For the bitcoin industry, 2024 has been quite a pivotal year. The sector has languished […]

    Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it plans to report its financial results for the first quarter ended March 31, 2024, before the U.S. market opens on May 17, 2024.

    Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today debuted its newest product, the A1566 of the Avalon A15 series, at the Bitcoin Asia exhibition in Hong Kong on May 9th, 2024.

    Canaan Inc. launched the star product A 1566 of Avalon A15 series, an upgraded bitcoin mining machine with Canaan's most advanced technology.

    Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Mr. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, and Mr. James Jin Cheng, Chief Financial Officer of Canaan, informed the Company their intention to use their personal funds to jointly purchase no less than US$2 million of the Company's Class A ordinary shares represented by American depositary shares ("ADSs"), each ADS representing 15 of the Comp

    Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has filed a universal shelf registration statement on Form F-3 (File No. 333-278762) with the United States Securities and Exchange Commission (the "SEC") on April 17, 2024.

    Canaan Inc. (Nasdaq: CAN), the creator of ASIC Bitcoin miners, captured the spotlight at the highly anticipated Blockchain Life 2024 event in Dubai, UAE, on April 15th-17th. Canaan introduced its cutting-edge One-Stop Mining Solutions, flagship Avalon miners, the eye-catching Avalon Nano 3 which designated to revolutionize accessible Bitcoin mining for all. Canaan also emphasized strategies of green mining of Bitcoin in the Middle East.

    Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 17, 2024. The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at https://investor.canaan-creative.com/.

    Roughly every four years, Bitcoin (BTC-USD) mining companies eagerly anticipate the halving event. According to the latest estimates, the nearest one may take place in April 2024 and will put pressure on the margins of mining companies as the miners’ rewards will be cut twice. This can also lead to a drop in the value of the main cryptocurrency, which in turn can negatively affect crypto stocks to sell before bitcoin halving. Hut 8 (HUT-USD) Source: rafapress / Shutterstock.comThe magnificent la