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2020-04-16 08:01

Bitcoin Miner Manufacturer Canaan reports $148M USD Losses in its first public earnings report


Canaan Creative, the manufacturers of the Avalon Bitcoin miner series have published their first earnings report since the company’s public stocks sale in the USA, on Thursday, April 9th, as initially reported by Coindesk. During it’s IPO in November 2019, the company raised $90M USD selling 10,000,000 stocks for $9 each. Now investors have lost

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