bibibi.ccLoading…
Connect scattered updates into a story you can understand.
PANews cited the announcement, stating that Canaan Technology's third-quarter revenue was 14500000 USD, net profit was 8000000 USD, and it launched its first tranche of a 20000000 USD share repurchase program.
Michael Novogratz purchased 760000 shares of Galaxy Class A stock through affiliated entities, while the board simultaneously approved an additional 200000000 USD buyback plan. The company's data center business adjusted EBITDA rose to 69000000 USD in the third quarter.
Citing Hut 8's third-quarter report for 2026, BlockBeats reported that the company sold approximately 3100 bitcoins in Q3 and after the quarter, generating net proceeds of approximately 250000000 USD, which were used to complete the originally planned share repurchase program. The board of directors subsequently increased the repurchase authorization to 1000000000 USD.