Canaan inc. closes third tranche of preferred shares financing

Plans to fund self-mining expansion  and bitcoin mining machine business  in north america   singapore, sept. 30, 2024 /prnewswire/ -- canaan inc. (nasdaq: can) ("canaan" or the "company"), a leading high-performance computing solutions provider, today announced that it has closed the third and final tranche of its previously announced preferred shares financing (the "preferred shares financing"), raising additional total gross proceeds of $50 million.
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