Canaan Inc. Announces Strategic Realignment
Canaan(US:CAN) Prnewswire·2025-06-23 10:30Company to discontinue its non-core AI semiconductor business to sharpen focus on crypto-related businessesSINGAPORE, June 23, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that it has commenced a strategic realignment aimed at sharpening its focus on its core businesses of bitcoin mining machine sales, self-mining operations, and consumer mining products. As part of this initiative, the Company will discontinue its non-core AI sem ...