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Canaan Announces $72M Investment From BH Digital

Author: Benzinga Newsdesk | November 04, 2025 04:12pm

Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that BH Digital, a division of Brevan Howard, Galaxy Digital, and Weiss Asset Management (in alphabetical order) made a strategic investment totaling US$72 million in Canaan through the purchase of American depositary shares ("ADSs"), each representing 15 Class A ordinary shares of the Company. No warrants, options, or other derivative instruments were issued as part of this transaction.

 

Posted In: CAN


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