Canaan expects minor revenue drop in 2022 despite crypto mining crisis
Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% this year.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto mining firm Canaan expects its annual RMB-denominated revenue to drop less than 15% despite the crypto market cap plummeting 70% this year.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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