
Wall Street Analyst Sees 5X Upside for Bitcoin Mining Rig Maker Canaan
Wall Street Analyst Sees 5X Upside for Bitcoin Mining Rig Maker Canaan Singapore-based Canaan Inc. (NASDAQ: CAN), a pioneer in the design of bitcoin mining ASIC chips and rigs, has faced significant challenges in recent years. Yet, despite a steep decline of over 70% in its share price year-to-date, analysts see potential for a dramatic…