Canaan Announces Significant Customer Order of 11760 Bitcoin Mining Machines

BEIJING, April 22, 2021 .

Headquartered in Sydney, Australia, Mawson is a global digital infrastructure provider publicly traded in the United States under the ticker symbol, WIZP.

Headquartered in Sydney, Australia, and operating across the USA and Australia, Mawson’s mission is to build a bridge between the rapidly emerging digital asset industry and traditional capital markets, with a strong focus on shareholder returns.

provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China’s national high-tech enterprise certification.

A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the Bitcoin industry and the price of Bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its Bitcoin mining equipment; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry in China; and relevant government policies and regulations relating to the Company and cryptocurrency.

Shares of Canaan , a company that manufacturers equipment for mining cryptocurrencies, spiked higher on Wednesday after the company announced a big order from a customer.

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