CAN / Canaan Plunges 15% as Regulation Set to Hit Crypto Mining Sector

Bitcoin mining stocks are rocketing higher as investors pile into Bitcoin. These companies secure the Bitcoin network, which should see higher institu more_horizontal

Canaan (CAN) came out with a quarterly loss of $0.58 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to earnings of $0 more_horizontal

Canaan has faced several headwinds over the past year but is well-positioned to benefit from the ongoing rally in Bitcoin prices. The recent announcem more_horizontal

Many booked double-digit gains on the day. Several factors are contributing to general crypto bullishness. more_horizontal

Canaan (CAN) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to earnings of $0 more_horizontal

SINGAPORE , May 19, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provid more_horizontal

SINGAPORE , May 15, 2023 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provide more_horizontal

Canaan recently announced $850 million in new capital to continue its history of building and supporting transformational companies in the technology more_horizontal