Genesis Digital Assets has previously purchased up to US$93.63 million of Canaan’s A1246

Mr. Nangeng Zhang, Chairman and Chief Executive Officer of Canaan, commented, “The establishment of the service center in Kazakhstan is strategic in expanding our after-sales geographical coverage and providing faster and easier access to support our growing international customer base. This development builds on our commitment to service excellence and providing a best-in-class client experience.”

Canaan Inc. (NASDAQ: CAN), a leading high-performance computing solutions provider, today announced its unaudited financial results for the first quarter ended March 31, 2021.

Canaan Inc., its affiliates and subsidiaries (hereinafter collectively  referred to as “Canaan”) recently noticed that an Internet website with the domain name https://canaanavalonminers.com/ (hereinafter the “Counterfeit Website”) is impersonating Canaan’s official website (https://canaan-creative.com/), using Canaan’s  trademark and name without authorization.