Share this article

Benchmark Sees Canaan as Indirect Investment in Bitcoin, Shares Gain

The broker initiated coverage of the mining-equipment business' stock with a buy rating and $9 price target.

Updated May 11, 2023, 6:03 p.m. Published Jun 8, 2022, 2:27 p.m.
Canaan SVP Edward Lu with the Avalon 1266 model at Bitcoin 2022 conference. (CoinDesk)
Canaan SVP Edward Lu with the Avalon 1266 model at Bitcoin 2022 conference. (CoinDesk)