$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infrastructure Push

Nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division of Brevan Howard, alongside Galaxy Digital and Weiss Asset Management. Canaan Attracts Institutional Confidence According to Canaan (Nasdaq: CAN), the investment was made through the purchase of about 63.7 million American depositary shares (ADSs) at […]