I just saw that Canaan executives are putting money into the company. President Zhang Nangeng and CFO Cheng Jin bought over 1.4 million depositary shares together at $0.51 each on the open market. That's quite a signal, isn't it? When those running the company buy their own shares, it usually means they see potential.

Canaan manufactures hardware for Bitcoin mining, so they are betting that the business will continue to grow. All of this happened recently and complies with regulations, so it's official. I wonder if other investors will start paying attention to Canaan after seeing this. When insiders buy, people often interpret it as a positive sign about the company's future.