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3232ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program
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Thu, 17 Mar 2022 16:30:16 +0000https://www.digit.info/2022/03/17/asic-mining-rig-manufacturer-canaan-reveals-100-million-stock-buyback-program/Read more]]>The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with “recent international frictions” and “domestic quarantine measures for Covid-19 control.” […]
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission (SEC) filing that the move was due to issues with “recent international frictions” and “domestic quarantine measures for Covid-19 control.” […]