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Canaan Highlights Record $150M Quarter, New Avalon A16 Miners and Growing Bitcoin Treasury at Conference - Yahoo Finance

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Canaan Highlights Record $150M Quarter, New Avalon A16 Miners and Growing Bitcoin Treasury at Conference - Yahoo Finance

Canaan reported a record $150 million in revenue for the quarter, driven by the launch of its new Avalon A16 miners and a growing Bitcoin treasury. The announcement was made during a recent conference, showcasing the company's robust performance in the cryptocurrency mining sector.

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