fisher931
:
risk is it’s a Chinese company could struggle on politics issue(although they set up their headquarters in Singapore but market know they trick)and company revenue depend on bitcoin extremely, if the price of bitcoin get dump, 2025 is a bearish year then it is a trash otherwise it might reach 4 billion market value. CEO said the revenue guidance of this year is around 0.9b-1.1b.
fisher931
:
By considering the company report , the Capital expenditure is 0.4b, which means if the revenue over this number investor will gain net profit. If ceo did not lie to investor, the company will create 0.5billion cash every year, if consider the cycle of bitcoin, the average will be 0.2billion each.
$Canaan (CAN.US)$ China - Stimulus Mar 4-5 Green tech - (Green Bitcoin mining) Bitcoin related Tried to run March 3rd but didn't get far 30 million volume March 3 Filled small gap
$Canaan (CAN.US)$What’s actually going on here? when BTC was at the 95,000 it was still dropping, when ut went up to the upper 90,000, it was still dropping and now it went under 90,000 it still drops.
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Canaan Stock Forum
$Canaan (CAN.US)$
Bitmain=mining intel
Bitdeer=mining Nvidia
Cannan=mining AMD
Crypto Mining Giant Canaan Raises $200M in Strategic Investment
China - Stimulus Mar 4-5
Green tech - (Green Bitcoin mining)
Bitcoin related
Tried to run March 3rd but didn't get far
30 million volume March 3
Filled small gap
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