Crypto mining rig manufacturer Canaan has obtained over $50m from preferred share financing to boost research and development and expand its production scale. In a recent filing, The Nasdaq-listed firm announced that it generated the capital by issuing and selling…
Related Posts
Texas provides Riot $31.7m to halt Bitcoin mining amidst energy crisis
Texas Bitcoin miners have cut back 90% of their operations during the energy crisis after the state offered…
Solana rips upwards 6% as chain is trading like $100 while SOL is stuck under $95
Solana is handling 100M+ daily transactions and $650B in monthly stablecoin volume while SOL trades below $95, leaving…
Bitcoin Price Analysis: Following a 10% Weekly Crash, What’s Next for BTC?
Bitcoin’s price experienced a significant drop yesterday following the breakdown of the $64K support level. The price is…