Bitcoin Miner Maker Canaan Determined to Launch its IPO

Bitcoin Miner Maker Canaan Determined to Launch its IPO

Canaan, the world’s second-largest bitcoin miner maker, initially intended to raise $200-400 million at its initial public offering (IPO). However, dubious sentiments regarding cryptocurrencies have been affecting the markets all along, therefore, making it very difficult for any cryptocurrency-related businesses to thrive, especially for a company that makes mining machines.