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Canaan buys 49% stake in three Texas mining sites for $40M

February 24, 2026 by DIGIT
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Canaan buys 49% stake in three Texas mining sites for $40M

Canaan acquires a stake in three operating Texas mining facilities with 120 MW of power and 4.4 EH/s hashrate as it expands beyond hardware into infrastructure operations.

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  • ethereumEthereum(ETH)$1,861.74-4.40%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$1.36-2.19%
  • binancecoinBNB(BNB)$598.50-2.50%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$78.23-5.32%
  • tronTRON(TRX)$0.281663-2.85%
  • dogecoinDogecoin(DOGE)$0.093082-2.36%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.49%