- High-performance computing solutions provider Canaan Inc CAN won a purchase order for 17,352 bitcoin mining machines with an aggregate operating hash power of 1.5EH from Mawson Infrastructure Group Inc MIGI.
- Canaan will deliver the latest generations of Avalon A1166 and A1246 bitcoin mining machines to Mawson's operations in the U.S. and Australia throughout 2021 and 2022.
- The order adds up to Mawson's order placed earlier this year.
- Mawson is a global digital infrastructure provider with diversified operations across cryptocurrency mining and digital asset management.
- Price Action: CAN shares traded higher by 2.17% at $9.41 in the market session on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in