Canaan, a cryptocurrency-related stock listed on the Nasdaq and a manufacturer of Bitcoin (BTC) mining equipment, announced its financial results for the third quarter of 2026 (July to September) on the 10th. The company reported selling all its Ethereum (ETH) holdings and part of its BTC to fund share buybacks.
According to the monthly report published on September 14, Canaan sold 3,952 ETH and 54 BTC in late August...
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