Bitcoin Miner Canaan Soars 16% After Shock 104% Revenue Spike, Defying Bitcoin’s Crash
Canaan’s inventory surged on Tuesday after the Bitcoin mining chipmaker delivered its strongest quarterly efficiency in years, posting a 104% soar in income and a return to constructive gross revenue regardless of a steep downturn within the broader crypto market. The rally despatched shares of Canaan up roughly 16% by mid-morning, briefly approaching the $1…
