Canaan launches a $20 million buyback as mining machine revenue falls 96% year over year—after news like this, I watch large orders first, then the price.
It’s a plus for short-term sentiment, but we’ll have to see whether the price responds. Prices often end up moving in the direction of capital flows; the news is just a catalyst.
$BTC , intraday -0.49%.
It’s a plus for short-term sentiment, but we’ll have to see whether the price responds. Prices often end up moving in the direction of capital flows; the news is just a catalyst.
$BTC , intraday -0.49%.
