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TechFlow news — Bitcoin mining machine manufacturer Canaan Inc. announced that it has completed its second series of preferred stock financing on January 22, raising over $50 million.
The company plans to use the net proceeds from the sale of securities for research and development, expanding production capacity, and other general corporate purposes.
Canaan Creative, a Bitcoin mining machine manufacturer, announced that it has completed its second series of preferred stock financing on January 22, raising over $50 million. The company plans to use the net proceeds from the sale of securities for research and development, expanding production capacity, and other general corporate purposes.
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