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2019-11-14 00:03:39

Bitcoin Miner Maker Canaan Sets $100 Million Target for US IPO

Canaan, the world’s second largest bitcoin miner maker, intends to raise about $100 million in its initial public offering (IPO) in the U.S. The Hangzhou, China-based manufacturer of the Avalon bitcoin miners updates its IPO application with the U.S. Securities and Exchange Commission on Nov. 13. It’s aiming to offer 10 million American depositary shares (ADS) with […]