Canaan Inc. (CAN) Announces Strategic Realignment

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Go back to Canaan Inc. (CAN) Announces Strategic Realignment

Canaan Inc. Announces Strategic Realignment

June 23, 2025 6:30 AM EDT

Company to discontinue its non-core AI semiconductor business to sharpen focus on crypto-related businesses

SINGAPORE, June 23, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has commenced a strategic realignment aimed at sharpening its focus on its core businesses of bitcoin mining... More