ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program

The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 miljonit. Kaanan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Väärtpaberi- ja börsikomisjon (SEC) filing that the move was