Canaan Buys 49% Stake in 3 Texas Mining Sites for $40 million
Canaan (EXCHANGE: CAN) has expanded its Texas footprint by snapping up Cipher Mining’s 49% stake in three existing mining operations, broadening its exposure to low-cost, scalable power assets and reinforcing its strategic tilt toward utility-scale mining. The deal covers Alborz LLC, Bear LLC, and C
CryptoBreaking·02-24 08:55


