Canaan shares rise 10.33% intraday as Bitcoin surges past $92,000 and Q3 revenue jumps 104.4.
ByAinvest
Friday, Nov 28, 2025 10:55 am ET1min read
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Canaan surged 10.33% intraday as Bitcoin's price broke above $92,000, driving up U.S. crypto stocks, and the company reported Q3 revenue of $150.5 million, a 104.4% year-over-year increase, while Fed rate cut expectations, fueled by improved U.S. employment data, boosted market liquidity optimism for crypto assets.
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