Bitcoin Mining Firm Canaan Slashes IPO Target — and May Not Go Public Anytime Soon

Canaan, one of the world’s largest bitcoin mining firms, may be having second thoughts about its plan to go public in one of the cryptocurrency industry’s highest-grossing initial public offerings (IPO) to date. Chinese Bitcoin Mining Firm Delays IPO The Hangzhou-based Canaan had been one of at least three Chinese bitcoin mining firms planning to

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