| Canaan Inc. Provides April 2025 Bitcoin Production and Mining Operation Updates |
SINGAPORE , May 14, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending April 30, 2025. Management Commentary "Our April production metrics demonstrate our ability to maintain a cost-effective mining operation on a global scale, as we expand our footprint and grow our bitcoin holdings," said Nangeng Zhang, chairman and chief executive officer of Canaan. |
prnewswire.com |
2025-05-14 20:10:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. to Report First Quarter 2025 Financial Results on May 20, 2025 |
SINGAPORE , May 12, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it plans to report its financial results for the first quarter ended March 31, 2025, before the U.S. market opens on May 20, 2025. The Company's management team will hold a conference call at 8:00 A.M. |
prnewswire.com |
2025-05-12 10:30:00 |
Czytaj oryginał (ang.) |
| Canaan (CAN) May Report Negative Earnings: Know the Trend Ahead of Q1 Release |
Canaan (CAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-05-09 15:00:43 |
Czytaj oryginał (ang.) |
| Top Cryptocurrency Stocks You Should Buy for a Healthy Portfolio |
Here, we pick three stocks, CME, BTCM and CAN, which are well-poised to benefit from the growing proliferation of Bitcoin and other cryptocurrencies. |
zacks.com |
2025-04-24 18:55:33 |
Czytaj oryginał (ang.) |
| Canaan Inc. Files 2024 Annual Report on Form 20-F |
SINGAPORE , April 21, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission on April 18, 2025. The annual report 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/. |
prnewswire.com |
2025-04-21 10:45:00 |
Czytaj oryginał (ang.) |
| Canaan (CAN) Upgraded to Buy: Here's Why |
Canaan (CAN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2025-04-15 17:05:32 |
Czytaj oryginał (ang.) |
| Canaan Inc. to Participate in Jefferies Power x Coin Virtual Conference |
SINGAPORE , April 15, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that the Company will participate in the Jefferies Power x Coin Virtual Conference on April 16, 2025, at 2 pm ET. For more information about the conference, please contact your representative at Jefferies or contact the Company at IR@canaan-creative.com. |
prnewswire.com |
2025-04-15 10:00:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Provides March 2025 Bitcoin Production and Mining Operation Updates |
SINGAPORE , April 10, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending March 31, 2025. Management Commentary "We continued to execute on our North American expansion plan, and our results demonstrate the successful relationships that we've built with our existing partners as well as our ability to find and negotiate favorable partnerships that are helping us to achieve our mining operations' goals," said Nangeng Zhang, chairman and chief executive officer of Canaan. |
prnewswire.com |
2025-04-10 10:00:00 |
Czytaj oryginał (ang.) |
| Canaan Unveils Avalon Q at Mining Disrupt 2025: a Professional-Grade Quiet Bitcoin Mining Solution for Home Use |
SINGAPORE , March 27, 2025 /PRNewswire/ -- Canaan Inc. introduces Avalon Q, a professional-grade Bitcoin mining machine specifically designed for home users. This breakthrough product combines institutional-level computing power with household power compatibility and whisper-quiet operation, making professional Bitcoin mining accessible to everyday enthusiasts. |
prnewswire.com |
2025-03-27 11:35:00 |
Czytaj oryginał (ang.) |
| Canaan: Again At An Attractive Valuation With Bitcoin Self-Mining |
Canaan Inc. essentially develops ASIC miners, mostly under the Avalon series, targeting both industrial and home Bitcoin mining. Still, there are regulatory and trade pressures from China and the US chip export constraints. Their recent Q4 2024 report showed record computing power sales and strong Bitcoin production. |
seekingalpha.com |
2025-03-27 11:26:29 |
Czytaj oryginał (ang.) |
| Canaan Inc. (CAN) Q4 2024 Earnings Call Transcript |
Canaan Inc. (NASDAQ:CAN ) Q4 2024 Earnings Conference Call March 25, 2025 8:00 AM ET Company Participants Gwyn Lauber - Investor Relations Director Nangeng Zhang - Chairman and CEO James Cheng - CFO Leo Wang - VP of Capital Markets and Corporate Development Conference Call Participants Nick Giles - B. Riley Securities Kevin Cassidy - Rosenblatt Securities Kevin Dede - H.C. |
seekingalpha.com |
2025-03-26 14:15:55 |
Czytaj oryginał (ang.) |
| Mawson Infrastructure Group Inc. Executes New Customer Agreement with Canaan Inc., Growing and Expanding Digital Colocation Business with Latest-Gen ASICs |
MIDLAND, Pa., March 26, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, today announced that it has signed a significant new digital colocation customer agreement with Canaan Inc., a NASDAQ-listed publicly traded company (NASDAQ: CAN), further growing and expanding its digital colocation business with latest-generation application-specific integrated circuit machines (ASICs). |
globenewswire.com |
2025-03-26 09:30:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results |
Total revenues of US$88.8 million exceeds guidance, up 80.9% YoY Total computing power sold achieves record high of 9.1 million TH/s, up 65.9% YoY Bitcoin mining revenues reach US$15.3 million, up 312.5% YoY SINGAPORE , March 26, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced its unaudited financial results for the three months and twelve months ended December 31, 2024. Fourth Quarter 2024 Operating and Financial Highlights Total revenues were US$88.8 million, which beat the guidance of US$80 million and increased 80.9% year-over-year. |
prnewswire.com |
2025-03-26 08:15:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Expands Self-Mining Footprint in North America |
New mining partnerships to add ~4.7 EH/s M ining machines to be hosted at facilities in Pennsylvania and Texas Self-mining energization expected in coming months SINGAPORE , March 26, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a n innovator in crypto mining, today announced that wholly owned subsidiaries of Canaan have signed agreements that expand the Company's self-mining capabilities at two new partners' mining facilities in Pennsylvania and Texas. A three-year master colocation agreement has been entered into with Mawson Hosting LLC, an affiliate of Mawson Infrastructure Group Inc. (NASDAQ: MIGI), for its facility in Midland, Pennsylvania. |
prnewswire.com |
2025-03-26 08:10:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. to Report Fourth Quarter and Full Year 2024 Financial Results on March 26, 2025 |
SINGAPORE , March 17, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it plans to report its financial results for the fourth quarter and full year ended December 31, 2024, before the U.S. market opens on March 26, 2025. The Company's management team will hold a conference call at 8:00 A.M. |
prnewswire.com |
2025-03-17 09:00:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Enters into Securities Purchase Agreement for Series A-1 Preferred Shares Financing and Completes First Tranche Closing |
Provides Company with access to up to US$200 million SINGAPORE , March 10, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that the Company had entered into a Securities Purchase Agreement (the "Agreement") with an institutional investor (the "Buyer"), providing the Company with total gross proceeds of up to US$200 million through a Series A-1 Preferred Shares financing (the "Preferred Shares Financing"). First tranche closing under the Preferred Shares Financing was completed on March 10, 2025, where an initial US$100 million has been received. |
prnewswire.com |
2025-03-10 18:15:00 |
Czytaj oryginał (ang.) |
| Canaan Presents A Golden Opportunity |
Canaan's stock is extremely oversold but shows strong support around $1.15 to $1.30, presenting a compelling risk/reward opportunity for investors. The company is a small-cap Bitcoin miner with competitive costs and new products like the Avalon Q, potentially boosting future profitability. Despite recent earnings revisions, Canaan's valuation appears too low, especially given its potential to achieve significant profits by 2025 and 2026. |
seekingalpha.com |
2025-03-05 11:11:44 |
Czytaj oryginał (ang.) |
| Canaan Inc. Announces February 2025 Bitcoin Production, Mining Operation Updates, and Preliminary Fourth Quarter 2024 Financial Results |
SINGAPORE , March 3, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining and operational update for February 2025 and announced preliminary unaudited financial results for the fourth quarter ended December 31, 2024. Management Commentary "Despite February being a shorter month, we continued to make steady strides in both our mining operations and product innovation," said Nangeng Zhang, Chairman and chief executive officer of Canaan. |
prnewswire.com |
2025-03-03 08:00:00 |
Czytaj oryginał (ang.) |
| Canadian Gold Resources (TSXV: CAN) Terminates Investor Relations Agreement; Supplemental Information and Clarification on Option Grants |
Canadian Gold (TSXV: CAN) ends its investor relations deal with Alliance Advisors, updates stock options grants, and remains focused on gold exploration in |
globenewswire.com |
2025-02-28 16:46:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Announces January 2025 Bitcoin Production and Mining Operation Updates |
SINGAPORE , Feb. 19, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending January 31, 2025. Management Commentary "In January, we made solid progress across all segments of our business, as we expanded our customer base, announced two Avalon Home consumer products, and advanced our self-mining capacity, leading to an increase in our bitcoin holdings," said Nangeng Zhang, chairman and chief executive officer of Canaan. |
prnewswire.com |
2025-02-19 07:30:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. to Participate in the "Digital Assets 2025: To Bitcoin and Beyond," Virtual Conference Presented by Maxim Group LLC |
SINGAPORE , Feb. 10, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its director of business development, Christopher Crowell, will present at the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference, presented by Maxim Group LLC, on Wednesday, February 12, 2025, at 8:30 a.m. EST. As part of the "Digital Assets 2025: To Bitcoin and Beyond" virtual conference, Matthew Galinko, research analyst at Maxim Group, will sit down with Canaan and other companies in the digital asset ecosystem, including bitcoin miners, equipment providers, and corporate adopters of crypto as a treasury strategy. |
prnewswire.com |
2025-02-10 08:00:00 |
Czytaj oryginał (ang.) |
| Canaan (CAN) Upgraded to Buy: Here's What You Should Know |
Canaan (CAN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). |
zacks.com |
2025-01-21 15:00:34 |
Czytaj oryginał (ang.) |
| Canaan Inc. Announces December 2024 Bitcoin Production and Mining Operation Updates and Provides FY2025 Financial Guidance |
Expects total revenues for FY2025 in the range of US$900 million to US$1.1 billion SINGAPORE , Jan. 21, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending December 31, 2024, and provided financial guidance for fiscal year 2025. Management Commentary "Since the beginning of the fourth quarter of 2024, we have made considerable progress in expanding our market presence, strengthening partnerships and advancing our self-mining operations, while steadily increasing our bitcoin holdings on our balance sheet," said Nangeng Zhang, chairman and chief executive officer of Canaan. |
prnewswire.com |
2025-01-21 08:45:00 |
Czytaj oryginał (ang.) |
| Canadian Gold Resources (TSXV: CAN) Engages Alliance Advisors IR for Investor Relations Services and Retains Integral Wealth Securities as Market Maker |
DIEPPE, New Brunswick, Jan. 20, 2025 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN), Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec, is pleased to announce it has entered into an investor relations agreement (the “Alliance Agreement”) with Alliance Advisors Investor Relations (“Alliance”) and has retained Integral Wealth Securities Limited (“Integral”) to provide market-making services (the “Integral Agreement”) in accordance with TSX Venture Exchange (“TSXV”) policies. The partnerships aim to enhance Canadian Gold's communication with the investment community and increase visibility within the resource sector. |
globenewswire.com |
2025-01-20 09:35:00 |
Czytaj oryginał (ang.) |
| Why Bitcoin and Related Stocks Soared on Friday |
Many stocks and funds in the cryptocurrency sphere soared on Friday. The classic Bitcoin (BTC 4.52%) cryptocurrency gained as much as 5.3%, as measured from Thursday's market close, boosting a wide range of closely related investments in the process. |
fool.com |
2025-01-17 18:17:24 |
Czytaj oryginał (ang.) |
| Canaan Introduces Revolutionary Bitcoin Mining Heaters for Home and Personal Use in CES 2025 |
LAS VEGAS , Jan. 7, 2025 /PRNewswire/ -- Canaan INC (NASDAQ: CAN), a leading blockchain hardware manufacturer, today announced the launch of the Avalon Mini 3 and Nano 3S in Las Vegas, CES . The two innovative Bitcoin mining devices are designed to democratize cryptocurrency mining for individuals and turning a home heating system into a crypto mining device. |
prnewswire.com |
2025-01-08 01:27:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Secures A15XP Order from New United States Customer |
SINGAPORE , Jan. 6, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan U.S. Inc., a wholly owned subsidiary of the Company, has entered into a purchase agreement with a new, strategic United States customer for its Avalon A15XP miners. According to the purchase agreement, Canaan U.S. Inc. will provide the customer with 2800 air-cooled Avalon A15XP miners that will be added to its large mining fleet. |
prnewswire.com |
2025-01-06 08:00:00 |
Czytaj oryginał (ang.) |
| Canadian Gold Resources (TSXV: CAN) Announces Closing of Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units |
DIEPPE, New Brunswick, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Further to its news release of December 18, 2024, Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) is pleased to announce it has closed a non-brokered private placement of flow through and non-flow through units (the “Offering”) for total gross proceeds of $2,345,000. The Company sold: |
globenewswire.com |
2025-01-02 09:35:00 |
Czytaj oryginał (ang.) |
| Canadian Gold Resources (TSXV: CAN) Announces Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units |
DIEPPE, New Brunswick, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) is pleased to announce a non-brokered private placement (the “Offering”) of: |
globenewswire.com |
2024-12-18 16:17:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Signs Agreement with AGM Group Holdings Inc. |
Provides 2000 A15 Hydro Bitcoin mining machines in initial order Continues global expansion with addition of new customer SINGAPORE , Dec. 12, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. ("CCG"), a wholly owned Singapore subsidiary of the Company, has entered into a purchase agreement with AGM Group Holdings Inc. ("AGMH"), an integrated technology company specializing in fintech software services and production of high-performance hardware and computing equipment, for its Avalon A15 HydU 370T ("A15 Hydro") mining machines. |
prnewswire.com |
2024-12-12 18:15:00 |
Czytaj oryginał (ang.) |
| Canadian Gold Resources (TSXV: CAN) Commences Trading on the TSX Venture Exchange |
VANCOUVER, British Columbia, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN) (formerly “Amseco Exploration Ltd.”) is pleased to announce that the common shares of the Company will officially commence trading on the TSX Venture Exchange (“TSXV”) under the trading symbol “CAN” and new CUSIP #13585U109, as of market open today, Thursday, December 12, 2024. |
globenewswire.com |
2024-12-12 10:55:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. to Participate in Upcoming Investor Conferences |
SINGAPORE , Dec. 2, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that the Company will participate in the following investor conferences in December 2024. Canaan's management plans to host one-on-one meetings with institutional investors at the conferences. |
prnewswire.com |
2024-12-02 07:00:00 |
Czytaj oryginał (ang.) |
| Theralase(R) Release's 3Q2024 Financial Statements |
TORONTO, ON / ACCESSWIRE / November 27, 2024 / Theralase® Technologies Inc. (" Theralase® " or the " Company ") (TSXV:TLT)(OTCQB:TLTFF), a clinical stage pharmaceutical company dedicated to the research and development of light, radiation, sound and drug-activated small molecules and their formulations, intended for the safe and effective destruction of various cancers, bacteria and viruses has released the Company's unaudited condensed consolidated interim financial statements for the nine-month period ended September 30, 2024. (" Financial Statements "). |
accesswire.com |
2024-11-27 19:05:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Closes Series A-1 Preferred Shares Financing |
SINGAPORE , Nov. 26, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that it has closed the previously announced Series A-1 preferred shares financing (the "Preferred Shares Financing"), raising total gross proceeds of US$30 million. On November 19, 2024, the Company entered into a securities purchase agreement ("Securities Purchase Agreement") with an institutional investor (the "Buyer"), pursuant to which the Company agreed to issue and sell to the Buyer 30,000 Series A-1 Convertible Preferred Shares (the "Preferred Shares") at the price of US$1,000.00 for each Preferred Share. |
prnewswire.com |
2024-11-26 06:30:00 |
Czytaj oryginał (ang.) |
| Should You Buy Canaan (CAN) After Golden Cross? |
From a technical perspective, Canaan Inc. Sponsored ADR (CAN) is looking like an interesting pick, as it just reached a key level of support. CAN's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. |
zacks.com |
2024-11-22 12:56:08 |
Czytaj oryginał (ang.) |
| HIVE Digital expands Bitcoin mining capacity with purchase of 5,000 Canaan Avalon miners |
HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has announced the purchase of 5,000 Avalon A15-194T ASIC miners from Canaan, enhancing its mining efficiency and operational capacity. This follows an earlier acquisition of 6,500 Avalon miners, bringing November's total orders to 11,500 units. |
proactiveinvestors.com |
2024-11-21 11:09:59 |
Czytaj oryginał (ang.) |
| Canaan: Q3 Earnings, Is The 'Digital Gold' Rush Coming? |
Canaan's Q3 earnings report beat analyst expectations for top line revenue but missed on EPADS. The company grew compute power sold by 92% year over and improved rate by 12%. Canaan's Avalon Nano 3 machine could conceivably generate increased interest from home miners if the psychological level of $100k BTC is breached. |
seekingalpha.com |
2024-11-21 10:30:00 |
Czytaj oryginał (ang.) |
| RETRANSMISSION: HIVE Digital Technologies Ltd. Orders 5,000 Canaan Avalon A15-194T ASIC Miners to Boost Global Mining Capacity |
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia--(Newsfile Corp. - November 21, 2024) - HIVE Digital Technologies Ltd. |
newsfilecorp.com |
2024-11-21 08:00:00 |
Czytaj oryginał (ang.) |
| HIVE Digital Technologies Ltd. Orders 5,000 Canaan Avalon A15-194T ASIC Miners to Boost Global Mining Capacity |
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024. Vancouver, British Columbia--(Newsfile Corp. - November 21, 2024) - HIVE Digital Technologies Ltd. |
newsfilecorp.com |
2024-11-21 03:00:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. (CAN) Q3 2024 Earnings Call Transcript |
Canaan Inc. (NASDAQ:CAN ) Q3 2024 Earnings Conference Call November 20, 2024 8:00 AM ET Company Participants Gwyn Lauber - Investor Relations Director Nangeng Zhang - Chairman and CEO James Cheng - CFO Conference Call Participants Kevin Cassidy - Rosenblatt Securities Nick Giles - B. Riley Securities Kevin Dede - H.C. |
seekingalpha.com |
2024-11-20 14:26:23 |
Czytaj oryginał (ang.) |
| Canaan (CAN) Reports Q3 Loss, Tops Revenue Estimates |
Canaan (CAN) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.41 per share a year ago. |
zacks.com |
2024-11-20 10:06:21 |
Czytaj oryginał (ang.) |
| Canaan Inc. Reports Unaudited Third Quarter 2024 Financial Results |
- Total Revenue Increased to US$73.6 Million, up 120.9% YoY - - Total Computing Power Sold Achieved 7.3 Million Thash/s, up 93.8% YoY - SINGAPORE , Nov. 20, 2024 /PRNewswire/ -- 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 September 30, 2024. Third Quarter 2024 Operating and Financial Highlights Revenues were US$73.6 million, which beat the previous guidance of US$73 million and increased 120.9% year-over-year. |
prnewswire.com |
2024-11-20 07:15:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Announces the Execution of a Securities Purchase Agreement |
Continues expansion of its self-mining expansion and Bitcoin mining machine business in North America SINGAPORE , Nov. 20, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company" or "We"), a leading high-performance computing solutions provider, today announced that it has entered into a securities purchase agreement (the "Securities Purchase Agreement") with an institutional investor (the "Buyer"), pursuant to which the Company shall issue and sell to the Buyer up to 30,000 Series A-1 Preferred Shares (the "Series A-1 Preferred Shares") at the price of US$1,000.00 for each Series A-1 Preferred Share. Canaan agreed that the proceeds from the sale of the Series A-1 Preferred Shares will be used by the Company and/or its subsidiaries to manufacture or invest in digital mining sites and equipment to be deployed or sold in North America, including any acquisition or disposition of assets from or between subsidiaries. |
prnewswire.com |
2024-11-20 07:10:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Secures Follow-On Order from HIVE for 5,000 Avalon A15-194T Miners |
Complementing the Earlier November Order of 6,500 Avalon A1566 Miners SINGAPORE , Nov. 20, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. ("CCG"), a wholly owned Singapore subsidiary of the Company, has entered into a follow-on order purchase agreement with HIVE Digital Technologies Ltd ("HIVE"), for its Avalon A15-194T miners. |
prnewswire.com |
2024-11-20 07:00:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. Expands its Self-mining Footprint in Texas and Pennsylvania |
Plans to install Avalon A14 and A15 mining machines at joint mining sites Takes significant s tep s toward 10 EH/s capacity in North America by mid-2025 SINGAPORE , Nov. 20, 2024 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced that its wholly owned subsidiary, Beet Digital LLC., has entered into a strategic joint mining agreement with Luna Squares Texas LLC ("LS Texas"), a West Texas Bitcoin mining firm, to collaborate on mining activities at LS Texas' mining site. |
prnewswire.com |
2024-11-20 06:45:00 |
Czytaj oryginał (ang.) |
| Theralase(R) Closes Non-Brokered Private Placement |
TORONTO, ON / ACCESSWIRE / November 15, 2024 / Theralase® Technologies Inc. ("Theralase®" or the "Company") (TSXV:TLT)(OTCQB:TLTFF), a clinical stage pharmaceutical company dedicated to the research and development of light, radiation, sound and/or drug-activated small molecules and their formulations, intended for the safe and effective destruction of various cancers, bacteria and viruses, is pleased to announce that it has successfully closed a non-brokered private placement offering ("Offering") of units ("Units"). On closing, the Corporation issued an aggregate of 2,221,334 Units at a price of $CAN 0.30 per Unit for aggregate gross proceeds of approximately $CAN 666,400. |
accesswire.com |
2024-11-15 09:00:00 |
Czytaj oryginał (ang.) |
| Canaan Inc. to Report Third Quarter 2024 Financial Results on November 20, 2024 |
SINGAPORE , Nov. 14, 2024 /PRNewswire/ -- 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 third quarter ended September 30, 2024, before the U.S. market opens on November 20, 2024. The Company's management team will hold a conference call at 8:00 A.M. |
prnewswire.com |
2024-11-14 08:15:00 |
Czytaj oryginał (ang.) |