Bitcoin Mining Rig Maker Canaan Secures $50 Million In Preferred Shares Sale

Jan. 26, 2024, 5:47 p.m. 10 months, 3 weeks ago

Bitcoin Mining Rig Maker Canaan Secures $50 Million In Preferred Shares Sale. Bitcoin (BTC) mining rig manufacturer, Canaan Inc has raised $50 million in a new funding round by selling preferred shares. The company disclosed the development in a recent filing at the Securities and Exchange Commission (SEC) stating that funds raised will be deployed to expand research, …


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Bitcoin

Bitcoin


The first decentralized digital currency, created by an unknown person or group …

Securities and Exchange Commission

Securities and Exchange Commission


The U.S. Securities and Exchange Commission (SEC) plays a critical role in …

Canaan

Canaan


Canaan Inc. is a prominent player in the blockchain and cryptocurrency industry, …