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Canaan may sell more bitcoin for stock buybacks as mining-rig revenue falls 96%

FxGain News Newsdesk · · reported by 1 source

Canaan may sell more bitcoin for stock buybacks as mining-rig revenue falls 96%

What we know so far

CoinDesk (Nov 12, 13:41): The Avalon maker has launched a $20 million repurchase program, while most of its bitcoin holdings were pledged or placed in a fixed-term product at September’s end.

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