Canaan Inc. Signs Agreement with HIVE for Avalon A1566 Miners
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Canaan Inc. has signed a purchase agreement with HIVE Digital Technologies for its Avalon A1566 miners, marking a continued expansion in North America.
November 11, 2024 | 9:30 am
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Canaan Inc. has entered into a purchase agreement with HIVE Digital Technologies for Avalon A1566 miners, supporting its North American expansion strategy.
The agreement with HIVE Digital Technologies for Avalon A1566 miners indicates a strategic move by Canaan to strengthen its presence in North America. This partnership could lead to increased sales and market share, positively impacting Canaan's stock price in the short term.
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