Canaan Technology raises 72 million USD through strategic investment from Brevan Howard and Galaxy Digital

Canaan Inc., a Nasdaq-listed Bitcoin mining company, announced a strategic investment totaling 72 million USD, which includes funds from BH Digital, Galaxy Digital, and Weiss Asset Management. The deal involves issuing 63.7 million American Depositary Shares at a share price of 1.131 USD, closing expected on November 6, 2025.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts