Canaan plans to sell part of its digital asset reserves to fund a stock buyback, holding 130 million USD in BTC and ETH
According to ChainCatcher, Bitcoin Treasuries.NET posted on X that Bitcoin mining company Canaan has authorized its management to sell a portion of its digital asset reserves to fund a stock buyback of up to 30 million USD. Canaan holds 1,915 BTC and 3,952 ETH, valued at approximately 130 million USD.
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