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The Daily Hodl 2019-11-21 17:01:31

Big Bet on Bitcoin: Crypto Mining Company Canaan Raises $90 Million in US IPO

Canaan, the world’s second-largest producer of Bitcoin mining machines, just became the first major BTC miner maker to go public in the traditional stock market, raising $90 million in its US initial public offering. The China-based company, a competitor of Bitmain, produces blockchain servers, ASIC microprocessor solutions and the Avalon Bitcoin miner under the slogan […]The post Big Bet on Bitcoin: Crypto Mining Company Canaan Raises $90 Million in US IPO appeared first on The Daily Hodl.

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