Canaan Expands into Texas Mining Infrastructure
Canaan acquired a 49% stake in three operational Texas mining facilities for nearly $40 million, deepening its shift from hardware manufacturing to infrastructure ownership.
Canaan acquired a 49% stake in three operational Texas mining facilities for nearly $40 million, deepening its shift from hardware manufacturing to infrastructure ownership.
Canaan reported steady November Bitcoin production, expanded hashrate capacity, and growing crypto reserves as the company advances global mining buildout.