$Canaan Inc.(CAN)$ l believe this stock will continue moving sideway while bitcoin price rises, the moment bitcoin price start dropping from the high, this counter will fly to the moon. Solution is accumulate slowly, as we don't know when they will play. Don't bother by this little up and down.
$Canaan Inc.(CAN)$ Just want to see how long they can suppress the price , as Bitcoin price goes to the roof , their holdings of 1484 units @ USD 111,200 current price , besides monthly increase in productions and mining . lt is ripe for hostile take over . Market cap was approx 300M. It is among the cheapest crypto miners in Nasdaq.
$Canaan Inc.(CAN)$ crypto week near , there is a saying , current price 0.68 buy on deep , hopefully it follow bit digital play book . 2025 , Canaan inc , will have the highest sales growth and deliveries of Avalon series A15 miners business. lts own mining and colaboration with north america partners will bring significant revenue improvement . (Always do your own due deligent as investment risk could arised from others factors )
$Canaan Inc.(CAN)$ One bright spot is China US Geneva talk implementation moving forward ,such as lifting trade restriction on both countries,allow listing of Company , hopefully it will have significant effect on the market。
$Canaan Inc.(CAN)$ At these moment the window of opportunity is closing , Either it fail to achieve complying or its going to usd 1 for 10 days .The world event might just happened beyond his control , thats why he has to pledge all his assets for any eventuality .
$Canaan Inc.(CAN)$ Maybe it is better for canaan inc to outsources its CEO position, like tik tok to others and called the position as Chief marketing officer.
$Canaan Inc.(CAN)$ the problem with Canaan inc , management was they are more confident to buy Bitcoins then buying their own Canaan inc shares if you read their previous Q &A financial report . Meaning no confidence of their own although they are a Bitcoin miner company .
$Canaan Inc.(CAN)$ l believe the repurchase program of canaan inc shares was partly to fulfill compliance with US exchange law and to take advantage of the over-under value shares price.
$Canaan Inc.(CAN)$ the company should have liquidated some of its bitcoins holding to cover loans , prefferences shares issue or even reinvested (buy back ) into canaan inc stock and shares .
Stock selection is important before any trade with the changes in micro macro economic , type of business , government and foreigns market policy ,who are the major shareholders and timing.
$Canaan Inc.(CAN)$ Actual holding of btc approx usd 145,500, 000 . The profit from owning btc from the recent low to current alone was 1500+ btc x rising price of btc 23,000 usd = usd 34,500,000 . approx