Canaan (CAN) Sold Crypto to Buy Back Stock. Can It Offset Weak Mining-Equipment Demand?
Canaan Inc. (NASDAQ:CAN) shared data for its bitcoin mining and production during August 2026. The company mined 44 BTC during the month, and maintained a non-JV installed hashrate of 10.05 EH/s. In Falling Bitcoin Prices Drag Down Products and Mining …