Wednesday, November 20, 2019

Canaan, the China-based maker of Bitcoin mining machines, prices its US IPO at the bottom of the range at $9 per share, raising $90M (Crystal Tse/Bloomberg)

Crystal Tse / Bloomberg:
Canaan, the China-based maker of Bitcoin mining machines, prices its US IPO at the bottom of the range at $9 per share, raising $90M  —  Canaan Inc., a maker of Bitcoin mining machines, raised $90 million after pricing its U.S. initial public offering at the bottom of its marketed range.



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