News
Significance:
5/10

Canaan’s ‘accelerating turnaround story’ makes it a buy as Avalon miner orders surge: Benchmark

https://www.theblock.co/post/375908/benchmark-canaan-turnaround-buy-rating-avalon-miner-orders

Kyle Baird

Mentions

Regions

Code
Name
US
🇺🇸United States
CA
🇨🇦CA

Sentiments

Target
Sentiment
Comment
Bullish
Benchmark reiterated a 'buy' rating and raised the price target to $4, citing strong demand for Avalon mining rigs.
Bullish
The company regained Nasdaq compliance and is expanding its bitcoin self-mining operations.