Bitcoin miner maker Canaan reportedly files for IPO in US

posted 18 days ago
Canaan Creative, the major Bitcoin miner manufacturer, is said to have confidentially filed for an IPO in the US. Citing “people with knowledge of the matter,” the Hangzhou, China, based firm is seeking to raise $200 million via the public listing. A report from Bloomberg in January, also suggested Canaan’s IPO could be launched this year.

Firm’s IPO registration statements are submitted to the SEC around three to four months before their planned launch. The SEC then reviews the documents before approving the public offering.
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