Canaan (CAN) has released an update.
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Canaan Inc. has secured a significant order from HIVE Digital Technologies for 6,500 Avalon A1566 miners, marking a continued expansion into North America. The deal highlights Canaan’s leading position in the high-performance computing market and showcases their commitment to delivering cutting-edge mining solutions. This partnership underscores Canaan’s strong industry relationships and HIVE’s reputation as a pioneer in Bitcoin mining.
For further insights into CAN stock, check out TipRanks’ Stock Analysis page.
