The overarching investment thesis surrounding cryptocurrency mining stocks, such as Canaan (CAN +20.75%), is shifting rapidly. Once viewed as leveraged pure-plays on the price appreciation potential of top tokens, such as Bitcoin, mining-related stocks like Canaan have since benefited from other key investment theses surrounding this sector.
Today’s Change
(20.75%) $0.18
Current Price
$1.03
Key Data Points
Market Cap
$0B
Day’s Range
$0.87 – $1.06
52wk Range
$0.53 – $3.27
Volume
47M
Avg Vol
52M
Gross Margin
-520.96%
Dividend Yield
N/A
With the rise of artificial intelligence (AI), machine learning, and other compute-intensive innovative technologies, the…
