Canaan Creative Launches IPO on Nasdaq, Performs Well Below Expectations

 

Canaan Creative Launches IPO on Nasdaq, Performs Well Below Expectations

The Bitmain rival raised $90 million in the IPO and closed at $8.99, one cent below its float price of $9. The IPO comes at a time when Bitcoin is at its lowest in recent months, trading in the $7,600 …

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