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Benzinga
Benzinga
Business
Henry Khederian

Canaan Stock Surges On US Order For 50,000 Bitcoin Mining Machines

CAN Canaan Bitcoin Mining United States
Bitcoin,With,Golden,Stars,Showering,Down,On,It,A,3d

Canaan Inc – ADR (NASDAQ:CAN) is trading higher Thursday morning after the Bitcoin (CRYPTO: BTC) mining machine manufacturer announced a landmark sales order.

Shares of crypto-linked stocks are also trading higher amid a rise in Bitcoin. The digital token may be seeing strength due to the ongoing government shutdown. Here’s what investors need to know.

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