Canaan Inc. Secures Follow-On Order from HIVE for 5,000 Avalon A15-194T Miners
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Canaan Inc. has secured a follow-on order from HIVE Digital Technologies for 5,000 Avalon A15-194T miners, complementing a previous order of 6,500 Avalon A1566 miners.
November 20, 2024 | 10:15 am
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Canaan Inc. has secured a follow-on order from HIVE Digital Technologies for 5,000 Avalon A15-194T miners, indicating strong demand for its products.
The follow-on order from HIVE for 5,000 additional miners suggests strong demand and confidence in Canaan's products, likely boosting investor sentiment and potentially leading to a positive short-term impact on CAN's stock price.
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IMPORTANCE 80
RELEVANCE 90