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Canaan CEO expects ‘prolonged headwinds’ amid downward pressure on Bitcoin
- Bitcoin hardware maker and BTC miner Canaan Inc released its second quarter unaudited financial results.
- Revenue increased despite Q2 being challenging due to Bitcoin price decline and Chinese Covid-19 lockdowns.
- CEO Nangeng Zhang sees 'prolonged headwinds' for the sector amid downward pressure on Bitcoin price.
August 18, 2022
Cake DeFi: growth continued in Q2 despite crypto winter
August 16, 2022
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