Hardware

GPUs Supply Chain Issues ASIC Devices Canaan Inc. ASIC

Canaan Buys Cipher’s 49% Stake in West Texas Bitcoin Mining JV in $39.75 Million Stock Deal

The all‑stock purchase gives Canaan direct access to 120 MW of low‑cost ERCOT power, signaling a pivot toward owned U.S. capacity with AI/HPC colocation.

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Nasdaq Warns Canaan Over Sub-$1 Bid as 180-Day Compliance Clock Starts