Canaan Authorizes Management to Sell Some Digital Assets to Repurchase Up to $30 Million in Shares
2026-08-07 05:27:23
According to CoinMeta, mining company Canaan has authorized its management to sell a portion of its digital asset reserves in order to raise up to $30 million for share repurchases. Canaan currently holds 1,915 Bitcoins and 3,952 Ethereum, valued at approximately $130 million.
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