Canaan Mining’s IPO in New York may raise only $100 million, at least based on recent edits to the prospectus. The company will aim to list on NASDAQ and become the first Chinese mining equipment producer to trade as a public stock. Canaan May Reflect Worsened Sentiment About Crypto Investments Just days after Canaan scheduled the IPO deadline for November 20, the success of the stock placement is put in question. Initially, Canaan Mining plannedRead MoreThe post Canaan Mining May Settle for Modest $100M IPO appeared first on Bitcoinist.com.
