BitcoinWorld Canaan to Sell Crypto Holdings to Fund Share Buybacks Nasdaq-listed Bitcoin mining rig manufacturer Canaan announced on Aug. 4 its intention to sell a portion of its cryptocurrency holdings to finance a share repurchase program. The company’s board approved the American depositary share (ADS) buyback plan in December 2025, and the proceeds from the crypto sale will be directed toward executing it. Why Canaan [...] This post Canaan to Sell Crypto Holdings to Fund Share Buybacks first appeared on BitcoinWorld .
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