Canaan secures new financing as revenue falls 55% in Q3
29 November 2023 - 3:07AM
Cointelegraph
![](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-11/ba1f1f90-0653-4609-bb87-c911e6a68121.jpg)
Despite a downturn in its bottom line, the company has secured a
deal with an institutional investor to potentially raise $125
million in capital.
...
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Canaan secures new financing as revenue falls 55% in
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