Canaan Inc. Supplies Avalon® ASIC Kits for Bitfury's North American Infrastructure Upgrade
Bitfury to enhance large-scale digital asset operations with Avalon-powered upgrade kits Order marks milestone in joint R&D under strategic business collaboration SINGAPORE, Aug. 28, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining,...
Related Questions
How will the partnership with Bitfury affect Canaan's revenue and margins in the next quarters?
What are the pricing and supply terms of the Avalon® ASIC kits, and could they constrain or boost Bitfury's mining capacity relative to competitors?
Will this strategic collaboration drive broader market adoption of Canaan's technology, potentially influencing the stock's valuation and market share in the crypto‑mining hardware sector?