嘉楠科技授权变现部分数字资产用于ADS回购

Odaily Odaily Planet Daily News Bitcoin mining machine manufacturer Canaan Inc. announced that it has authorized management to liquidate part of its digital asset reserves for the repurchase of American Depositary Shares (ADS) under the existing share buyback program. The company stated that its current market value is lower than the combined value of digital assets and cash disclosed as of March 31; based on the market price on August 3, the market value of its digital asset holdings is approximately $130 million. Future buybacks will depend on the stock price, market conditions, and working capital needs. The specific amount of liquidation and the scale of the buyback have not yet been disclosed. (Prnewswire)