Tag: Canaan

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Bitcoin Miner Canaan Buys Cipher’s Texas Stake, Boosts AI Plans

Canaan (CAN) has acquired Cipher Mining Technologies Inc.’s (NASDAQ: CIFR) 49% stake in three fully operational West Texas mining projects, marking a significant step...

Canaan expands U.S. mining operations with purchase of Cipher’s Texas JV stake

Canaan Inc. (CAN), a manufacturer of bitcoin mining hardware and an operator of crypto mining infrastructure, said it bought a 49% equity interest in...

Canaan Acquires Cipher Mining’s 49% Stake in Texas Mining Facilities

Bitcoin mining hardware maker Canaan has purchased Cipher Mining’s 49% interest in a trio of Texas mining projects for $39.75 million, expanding its mining...

Canaan Receives Nasdaq Deficiency Notice After Shares Dip Below $1.00

Canaan disclosed it received a Nasdaq deficiency notice on Jan. 14, 2026, after its American depositary shares traded below $1.00 for 30 consecutive business...

Nasdaq Tells Canaan to Boost Share Price or Face Delisting

Crypto mining hardware maker Canaan Inc., which has seen its shares down 63% in the last 12 months, has received a warning from Nasdaq...

Nasdaq Warns Bitcoin Hardware Maker Canaan About Delisting

In brief Canaan must raise its share price above $1 for 10 consecutive days by July to avoid Nasdaq delisting. The company's stock trades at $0.79,...