Canaan plans to sell part of its digital asset reserves to fund stock buybacks, holding $130 million in BTC and ETH

2026-08-07 05:27:49

According to market news, Bitcoin Treasuries.NET posted on the X platform that the Bitcoin mining company Canaan has authorized management to sell part of its digital asset reserves to fund a stock buyback of up to $30 million. Canaan holds 1,915 BTC and 3,952 ETH, valued at approximately $130 million.

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