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Canaan Shares Plunge as CEO Says Middle East Conflict Is Clouding Outlook for Bitcoin Miners

André Beganski
May 19, 2026 at 16:20
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Canaan Shares Plunge as CEO Says Middle East Conflict Is Clouding Outlook for Bitcoin Miners

Canaan shares fell after the Bitcoin mining company disclosed an $88.7 million first-quarter net loss, its second straight negative period.

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