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Nalezeno "nasdaq": 699

Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump


On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan has launched a series of five...

Mining Chip Maker Ebang Next in Line to File for US IPO


Ebang, the ASIC chip and mining rig manufacturer based in Hangzhou, China is allegedly filing for an initial public offering (IPO) in the U.S. following Canaan’s recent Nasdaq listing and Bitmain’s secret IPO filing. The world’s third-largest bitcoin mining hardware manufacturer...

Canaan Ends 1st Week on Nasdaq in Red, Bitmain Promotes Rigs Ahead IPO


The second largest producer of Bitcoin mining equipment, China-based Canaan, ended its first week on the Nasdaq exchange in red, while its main rival, another Chinese giant that is reportedly working on its own initial public offering (IPO), Bitmain, confirmed its plans to introduce two new types...

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