Canaan Authorizes Monetization Of Digital Asset Treasury To Fund ADS Repurchases Under Board‑Approved Share Buyback Program
Repurchases will be executed under the Company's existing share repurchase authorizationSINGAPORE, Aug. 4, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ:CAN) ("Canaan" or the "Company"), an innovator in
Canaan is selling some of its digital money (like Bitcoin) to buy back its own stock shares. When a company buys back its own shares, it can make each remaining share worth a bit more.
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