Benchmark calls Canaan a ‘potent long-term play’ in bitcoin mining, sets $3 price target

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Benchmark calls Canaan a ‘potent long-term play’ in bitcoin mining, sets $3 price target

theblock.co/post/353280/benchmark-calls-canaan-a-potent-long-term-play-in-bitcoin-mining-sets-3-price-target

The thesis rests on Canaan’s vertically integrated model, combining high-performance ASIC development with the expansion of its proprietary bitcoin mining operations.

This story appeared on theblock.co, 2025-05-06 14:59:45.