Canaan Inc.

Canaan, Inc. provides computing solutions to solve problems. Currently, the firm is focused on the research and development of technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. It also provides a suite of AI service solutions. The company was founded by Li Jia Xuan, Liu Xiang Fu and Zhang Nan Geng in 2013 and is headquartered in Beijing, China.

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Canaan Inc. surpasses revenue expectations amidst bitcoin industry challenges

Canaan Inc. navigated industry challenges to exceed revenue guidance, focusing on R&D investment and global mining expansion. The company faces tough market conditions but is strategically balancing share buyback and ATM use. Opportunities lie in AI chip development and expanding mining operations in North America.

Canaan Inc. Q1 2023 Sees Revival in Bitcoin Mining Demand

Canaan Inc. Q1 2023 reflects a resilient performance in the bitcoin mining industry, with a focus on innovation, global expansion, and financial stability. Despite ongoing challenges, the company is well-positioned to capitalize on opportunities for revenue growth and market share expansion.

Canaan Inc. reports robust Q2 mining revenue amidst market challenges

Canaan Inc. delivered solid financial performance in Q2 2023, with a focus on mining revenue and strategic growth initiatives. However, challenges from policy changes and market uncertainties warrant a cautious outlook for future revenue. The company remains resilient and adaptable in addressing industry dynamics.

Canaan Inc. reports Q3 revenue beat amidst market challenges

Canaan Inc. navigated a challenging quarter marked by financial losses and operational disruptions, yet demonstrated resilience through product innovation and market expansion efforts.
The company's proactive approach to raising capital and restructuring business segments indicates a strategic focus on long-term growth and sustainability.
While facing uncertainties in the industry, Canaan Inc. remains positioned to capitalize on opportunities for growth through product development and strategic partnerships.

Canaan Inc. surpasses revenue expectations, eyes growth amid market uncertainties

Canaan Inc. delivered strong financial performance in Q4 2023, surpassing revenue expectations and achieving notable sales growth. The company's strategic focus on innovation, partnerships, and operational efficiency positions it well for future growth. While challenges exist, Canaan Inc. is proactively addressing market uncertainties and pursuing growth opportunities.

Canaan Inc. reports Q1 revenue of USD 35 million, eyes growth

Canaan Inc. demonstrated strong revenue generation in Q1 2024 but faced a net loss due to significant operating expenses.
The company's focus on enhancing mining machines and managing costs positions it well for future growth and profitability.
Despite challenges, Canaan's strategic approach to cash management and product development presents opportunities for sustained success in the mining industry.
Investors should monitor Canaan's performance closely as the company aims for continued revenue growth in the upcoming quarters.

Canaan Inc. reports robust Q2 results amidst market challenges

Canaan Inc. reported strong Q2 2024 results with sequential revenue growth, operational improvements, and a positive outlook for future performance
The company's focus on innovation, cost management, and global expansion positions it well to navigate market challenges and capitalize on growth opportunities
Despite market uncertainties and operational challenges, Canaan Inc. remains resilient, adaptive, and poised for continued success in the cryptocurrency mining industry

Canaan Inc. surpasses revenue targets, eyes growth amid Bitcoin market challenges

Canaan Inc. delivered strong financial performance, exceeding revenue targets and showcasing growth potential in the Bitcoin mining market.
The company's focus on innovation, strategic partnerships, and expansion projects positions it well for future market opportunities and growth.
Despite challenges from market volatility, Canaan's financial stability, cash reserves, and Bitcoin holdings reflect confidence in long-term success.
By leveraging opportunities in market demand, energy-efficient regions, and technological advancements, Canaan aims to sustain its competitive edge.

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Canaan, Inc. is a holding company, which engages in developing and selling Bitcoin mining machines and related services. It focuses on the development of green mining. The company was founded by Jia Xuan Li, Xiang Fu Liu and Nan Geng Zhang in 2013 and is headquartered in Singapore.

Marathon Digital Holdings

Riot Blockchain

Shares of several bitcoin-related stocks such as Marathon Digital Holdings, Inc. (NASDAQ: MARA), Riot Blockchain, Inc. (NASDAQ: RIOT) and Canaan Inc. (NASDAQ: CAN) are trading lower amid a decrease in the price of Bitcoin. Marathon Digital Holdings focuses on mining digital assets and owns crypto-currency mining machines.

Why Bitcoin-Related Stocks Are Trading Lower Today

Radnor, Pennsylvania--(Newsfile Corp. - May 17, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of Canaan Inc. (NASDAQ: CAN) ("Canaan") that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021, inclusive (the "Class Period").Investor Deadline Reminder: Investors who purchased or acquired Canaan ADRs during the Class...

Lead Plaintiff Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities Fraud Class Action Lawsuit Filed Against Canaan Inc.

New York, New York--(Newsfile Corp. - May 15, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Canaan Inc. (NASDAQ: CAN) between February 10, 2021 and April 9, 2021, inclusive (the "Class Period"), of the important June 14, 2021 lead plaintiff deadline.SO WHAT: If you purchased Canaan securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees...

Rosen, Top Ranked Investor Counsel, Encourages Canaan Inc. Investors to Secure Counsel Before Important June 14 Deadline in Securities Class Action - CAN

Radnor, Pennsylvania--(Newsfile Corp. - May 15, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Canaan Inc. (NASDAQ: CAN) ("Canaan") on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021, inclusive (the "Class Period").Investor...

Class Action Deadline Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Canaan Inc. Investors of Deadline in Securities Fraud Class Action Lawsuit

New York, New York--(Newsfile Corp. - May 14, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Canaan Inc. (NASDAQ: CAN) between February 10, 2021 and April 9, 2021, inclusive (the "Class Period"), of the important June 14, 2021 lead plaintiff deadline.SO WHAT: If you purchased Canaan securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or...

ROSEN, A LEADING LAW FIRM, Encourages Canaan Inc. Investors to Secure Counsel Before Important June 14 Deadline in Securities Class Action - CAN

Bitcoin fell earlier this week because of negative comments from Elon Musk. But the hit is proving to be short-lived.

Why Bitcoin Stocks Skyrocketed Today

RADNOR, Pa., May 13, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed against Canaan Inc. (NASDAQ: CAN) ("Canaan") on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021 , inclusive (the "Class Period").

CAN CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Canaan Inc. Shareholders of Securities Fraud Class Action Lawsuit

Boston, Massachusetts--(Newsfile Corp. - May 13, 2021) - Block & Leviton LLP announces that a lawsuit for violations of the federal securities laws has been filed against Canaan Inc. (NASDAQ: CAN) and certain of its executives. Investors who have lost money should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/can. The deadline to move for appointment as lead plaintiff is June 14, 2021.What is...

LAWSUIT FILED: Canaan Inc. Sued for Violations of the Federal Securities Laws; Investors Should Contact Block & Leviton LLP

The stock price of Canaan Inc (NASDAQ: CAN) fell by over 9% pre-market. This is why it happened.

Canaan (CAN) Stock: Over 9% Decrease Pre-Market Explanation

NEW YORK, May 12, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Canaan Inc. (NASDAQ: CAN) between February 10, 2021 and April 9, 2021, inclusive (the "Class Period"), of the important June 14, 2021 lead plaintiff deadline. SO WHAT: If you purchased Canaan securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Canaan Inc. Investors With Losses to Secure Counsel Before Important June 14 Deadline - CAN

LOS ANGELES, May 12, 2021 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Canaan Inc. ("Canaan" or the "Company") (NASDAQ: CAN) American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021 , inclusive (the "Class Period").

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Canaan Inc. (CAN) Investors

Radnor, Pennsylvania--(Newsfile Corp. - May 11, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed against Canaan Inc. (NASDAQ: CAN) ("Canaan") on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021, inclusive (the "Class Period").Lead Plaintiff Deadline: June 14, 2021Website: https://www.ktmc.com/canaan-inc-class-action-lawsuit?utm_source=PR&utm_medium=Link&utm_campaign=canaanContact: James Maro, Esq. (484) 270-1453Adrienne Bell,...

SHAREHOLDER ALERT: Kessler Topaz Meltzer & Check, LLP Announces Securities Fraud Class Action Lawsuit Filed Against Canaan Inc.

San Francisco, California--(Newsfile Corp. - May 10, 2021) - Hagens Berman urges Canaan Inc. (NASDAQ: CAN) investors with significant losses to submit your losses now. A securities class action has been filed and certain investors may have valuable claims.Class Period: Feb. 10, 2021 - Apr. 9, 2021Lead Plaintiff Deadline: June 14, 2021Visit: www.hbsslaw.com/investor-fraud/CANContact An Attorney Now: CAN@hbsslaw.com844-916-0895Canaan Inc. (NASDAQ: CAN) Securities Fraud Action: The complaint is focused on Canaan's statements about its bit

CAN INVESTOR ALERT: HAGENS BERMAN, National Trial Attorneys, Encourages Canaan (CAN) Investors with Losses to Contact Its Attorneys Now, Securities Class Action Filed and Application Deadline Approaching

RADNOR, Pa., May 8, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of Canaan Inc. (NASDAQ: CAN) ("Canaan") that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021 , inclusive (the "Class Period").

Important Deadline Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Canaan Inc. Investors of Securities Fraud Class Action Lawsuit

The cryptocurrency miners and mining hardware makers plunged as Bitcoin's surging price chart took a breather.

Here's Why Marathon Digital Holdings, Riot Blockchain, and Canaan Crashed in April

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Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. This time, our artificial intelligence systems have identified Moderna and IBM among other trending stocks.

Artificial Intelligence Ranks Moderna And IBM Among Trending Stocks

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These stocks to buy right now are from companies that have operations related to cryptocurrency, blockchain and cryptocurrency mining. The post 7 Stocks to Buy Right Now With All Eyes on Crypto appeared first on InvestorPlace.

7 Stocks to Buy Right Now With All Eyes on Crypto

New York, New York--(Newsfile Corp. - May 5, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Canaan Inc. (NASDAQ: CAN) between February 10, 2021 and April 9, 2021, inclusive (the "Class Period"), of the important June 14, 2021 lead plaintiff deadline.SO WHAT: If you purchased Canaan securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees...

Rosen, A Global and Leading Law Firm, Encourages Canaan Inc. Investors with Losses to Secure Counsel Before Important Deadline - CAN

Radnor, Pennsylvania--(Newsfile Corp. - May 5, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Canaan Inc. (NASDAQ: CAN) ("Canaan") on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021, inclusive (the "Class Period").Investor...

Kessler Topaz Meltzer & Check, LLP: Securities Fraud Class Action Filed Against Canaan Inc.

BEIJING, May 5, 2021 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced for the closing of a registered direct offering of $170.0 million of its American Depositary Shares ("ADS"), each ADS representing 15 Class A ordinary shares of the Company, par value US$0.00000005 per share (the "Class A Ordinary Shares"), or US$12.60 per ADS. The Company has also issued to the investors warrants (the "Warrants") to purchase up to an aggregate of 4,047,620 ADSs (representing 60,714,300 Class A Ordinary Shares), at an exercise price of $16.38 per ADS, which Warrants have a term of three years from the date of issuance.

Canaan Announces Closing of Registered Direct Offering of US$170.0 Million of its ADSs and Warrants

New York, New York--(Newsfile Corp. - May 3, 2021) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders Canaan Inc. (NASDAQ: CAN).CLICK HERE FOR MORE DETAILS:https://claimyourloss.com/securities/canaan-inc-loss-submission-form-2/?id=15440&from=5Af

CAN LAWSUIT FILED: Jakubowitz Law Pursues Claims on Behalf of Canaan Inc. Shareholders

RADNOR, Pa., May 3, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Canaan Inc. (NASDAQ: CAN) ("Canaan") on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021 , inclusive (the "Class Period").

Important Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Canaan Inc. Investors of Deadline in Securities Fraud Class Action Lawsuit

Canaan stock looks very cheap as a Bitcoin mining equipment maker. CAN stock is worth $16.99, or at least 32% more, based on company forecasts and a 10 times forward P/S multiple.

Buy Cheap Cryptocurrency Miner Canaan Stock Before It Climbs To $17

NEW YORK--(BUSINESS WIRE)-- #CANstock--The suit alleges defendants issued false statements concerning Canaan business and prospects, resulting in its stock trading at inflated prices.

Robbins Geller Rudman & Dowd LLP Announces Lead Plaintiff Deadline in the Canaan Inc. Class Action Lawsuit

Radnor, Pennsylvania--(Newsfile Corp. - May 1, 2021) - The law firm of Kessler Topaz Meltzer & Check, LLP reminds investors of Canaan Inc. (NASDAQ: CAN) ("Canaan") that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired Canaan American Depositary Receipts ("ADRs") between February 10, 2021 and April 9, 2021, inclusive (the "Class Period").Investor Deadline Reminder: Investors who purchased or acquired Canaan ADRs during the...

News for Canaan Inc. Stock (CAN)