Canaan can use crypto to buy back nearly 20% of its market value while its core business burns cash

Bitcoin mining machine manufacturer Canaan has opened a new funding channel for share buybacks, allowing management to sell part of its roughly $130 million digital asset treasury.That lever could support per-share value, but pulling it would shrink the reserve available to a loss-making...

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Canaan can use crypto to buy back nearly 20% of its market value while its core business burns cash

Bitcoin mining machine manufacturer Canaan has opened a new funding channel for share buybacks, allowing management to sell part of its...

SpaceX’s $85 billion IPO windfall went everywhere except Bitcoin

SpaceX beat Wall Street’s revenue and earnings expectations in...

Bitcoin breakout above $69,000 could open a path toward $84,000

A Bitcoin breakout attempt briefly pushed price above $65,000...

Crypto project shutdowns as banks build controlled rails

A CryptoSlate-built tracker has identified at least 109 crypto project...
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SpaceX’s $85 billion IPO windfall went everywhere except Bitcoin

SpaceX beat Wall Street’s revenue and earnings expectations in its first quarterly report since its record IPO, giving the company a...

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SpaceX’s $85 billion IPO windfall went everywhere except Bitcoin

SpaceX beat Wall Street’s revenue and earnings expectations in...

Bitcoin breakout above $69,000 could open a path toward $84,000

A Bitcoin breakout attempt briefly pushed price above $65,000...

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