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Seeking Alpha 2021-08-31 11:30:46

Canaan bags order for 20,000 bitcoin mining machines

Canaan (NASDAQ:CAN) has secured a purchase order from Genesis Digital Assets Limited for 20,000 Bitcoin mining machines. Genesis Digital Assets Limited is a Bitcoin mining firm with extensive experience building and operating industrial-scale Bitcoin mining data centers. In addition, the Company has granted Genesis Digital Assets an option to purchase up to 180,000 additional mining machines. Shares +1.5% premarket.

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