Canaan buys 49% stake in three Texas mining sites for $40M

February 24, 2026 1 min read 10 views

Canaan acquires a stake in three operating Texas mining facilities with 120 MW of power and 4.4 EH/s hashrate as it expands beyond hardware into infrastructure operations.

#Mining

Canaan buys 49% stake in three Texas mining sites for $40M

Popular Articles

Fidelity readies digital dollar as stablecoins move into institutional finance

Citi sounds the alarm on ‘address poisoning’ scams flooding the Ethereum network

Trump files $5 billion lawsuit against JPMorgan over 2021 debanking

XRP slides 19% from January highs, pushing sentiment to 'extreme fear'

Individual behind $40 million government wallet theft is son of seized-crypto contractor executive: ZachXBT

Latest Articles

Forensic analysis uncovers draft of $5M deal tied to Milei’s Libra promotion: Report

What Is AGI? The AI Goal Everyone Talks About But No One Can Clearly Define

Visa is ready for AI agents. So is Coinbase. They're building very different internets

AI agents are quietly rewriting prediction market trading

Stablecoin uncertainty could hurt banks more than crypto firms: Expert

Canaan buys 49% stake in three Texas mining sites for $40M

Related Articles

Bhutan to deploy Sei validator in Q1, eyes tokenization collab

2026 Crypto Predictions! Tom Lee still buying ETH! Rekt tease WorldStar collab!

GoMining, Jacob &amp; Co. Debut $40K Luxury Bitcoin Watch Paired With 'Digital Miner'

Onchain lending protocol USD.AI approves $500 million loan for Australian AI startup

Popular Articles

Fidelity readies digital dollar as stablecoins move into institutional finance

Citi sounds the alarm on ‘address poisoning’ scams flooding the Ethereum network

Trump files $5 billion lawsuit against JPMorgan over 2021 debanking

XRP slides 19% from January highs, pushing sentiment to 'extreme fear'

Individual behind $40 million government wallet theft is son of seized-crypto contractor executive: ZachXBT

Latest Articles

Forensic analysis uncovers draft of $5M deal tied to Milei’s Libra promotion: Report

What Is AGI? The AI Goal Everyone Talks About But No One Can Clearly Define

Visa is ready for AI agents. So is Coinbase. They're building very different internets

AI agents are quietly rewriting prediction market trading

Stablecoin uncertainty could hurt banks more than crypto firms: Expert

GoMining, Jacob & Co. Debut $40K Luxury Bitcoin Watch Paired With 'Digital Miner'