Canaan Reports Weak Q1 Amid Market Slump, Shares Down 7%

Canaan, the Beijing-based Bitcoin mining equipment manufacturer, reported unaudited financial results for the latest quarter. The report showed elevated losses and subdued revenue, which made the firm’s shares tumble in the premarket. Bitcoin mining machine maker Canaan released unaudited…#beijing #bitcoin #canaan #ftx #kazakhstan
Source: Reuters: Health - Category: Consumer Health News Source Type: news