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

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.

Source
CoinDesk
Published
2026-11-12 07:41 UTC
Cache updated
2026-11-12 07:41 UTC

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