Canaan can use crypto to buy back nearly 20% of its market value while its core business burns cash

The authorization allows asset sales but reports no transaction, leaving current buyback capacity and available liquidity unresolved. The post Canaan can use crypto to buy back nearly 20% of its market value while its core business burns cash appeared first on CryptoSlate .

Source: [CryptoSlate](https://cryptoslate.com/canaan-can-use-crypto-to-buy-back-nearly-20-of-its-market-value-while-its-core-business-burns-cash/)