Stock Track | Canaan Inc. Soars 5.25% in Pre-Market on Bullish Crypto Market Sentiment

Stock Track

Feb 06, 2025

Canaan Inc. (CAN), a leading provider of high-performance computing solutions and Bitcoin mining equipment, saw its stock soar by 5.25% in the pre-market trading session on Thursday.

This surge in Canaan's stock price can be attributed to the overall positive sentiment surrounding the cryptocurrency market, particularly the recent rise in Bitcoin's value above the $98,000 mark.

As the demand for Bitcoin and other cryptocurrencies continues to grow, investors are flocking to crypto-related stocks, including Canaan, which specializes in manufacturing and selling highly efficient Bitcoin mining rigs. Several other crypto-focused companies, such as CleanSpark, Riot Platforms, MARA Holdings, Coinbase, and Strategy (formerly MicroStrategy), also experienced significant gains in premarket trading, reflecting the bullish sentiment in the industry.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1109655638"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1109655638\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1109655638?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-06 23:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1109655638","market":"us","top_or_hot":-1,"title":"Stock Track | Canaan Inc. Soars 5.25% in Pre-Market on Bullish Crypto Market Sentiment","media":"Stock Track","content":"<p>Canaan Inc. (CAN), a leading provider of high-performance computing solutions and Bitcoin mining equipment, saw its stock soar by 5.25% in the pre-market trading session on Thursday.</p>\n\n<p>This surge in Canaan's stock price can be attributed to the overall positive sentiment surrounding the cryptocurrency market, particularly the recent rise in Bitcoin's value above the $98,000 mark.</p>\n\n<p>As the demand for Bitcoin and other cryptocurrencies continues to grow, investors are flocking to crypto-related stocks, including Canaan, which specializes in manufacturing and selling highly efficient Bitcoin mining rigs. Several other crypto-focused companies, such as CleanSpark, Riot Platforms, MARA Holdings, Coinbase, and Strategy (formerly MicroStrategy), also experienced significant gains in premarket trading, reflecting the bullish sentiment in the industry.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Canaan Inc. Soars 5.25% in Pre-Market on Bullish Crypto Market Sentiment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Canaan Inc. Soars 5.25% in Pre-Market on Bullish Crypto Market Sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-06 23:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Canaan Inc. (CAN), a leading provider of high-performance computing solutions and Bitcoin mining equipment, saw its stock soar by 5.25% in the pre-market trading session on Thursday.</p>\n\n<p>This surge in Canaan's stock price can be attributed to the overall positive sentiment surrounding the cryptocurrency market, particularly the recent rise in Bitcoin's value above the $98,000 mark.</p>\n\n<p>As the demand for Bitcoin and other cryptocurrencies continues to grow, investors are flocking to crypto-related stocks, including Canaan, which specializes in manufacturing and selling highly efficient Bitcoin mining rigs. Several other crypto-focused companies, such as CleanSpark, Riot Platforms, MARA Holdings, Coinbase, and Strategy (formerly MicroStrategy), also experienced significant gains in premarket trading, reflecting the bullish sentiment in the industry.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAN","symbol_name":"嘉楠科技","start_time":0,"source_url":"","article_id":"1109655638","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1109655638","pubTimestamp":1738854007,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Canaan Inc. , a leading provider of high-performance computing solutions and Bitcoin mining equipment, saw its stock soar by 5.25% in the pre-market trading session on Thursday.This surge in Canaan's stock price can be attributed to the overall positive sentiment surrounding the cryptocurrency market, particularly the recent rise in Bitcoin's value above the $98,000 mark.As the demand for Bitcoin and other cryptocurrencies continues to grow, investors are flocking to crypto-related stocks, inclu","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAN":"嘉楠科技"},"translate_title":"由于加密货币市场情绪看涨，嘉楠耘智(Canaan Inc.)盘前飙升5.25%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAN":1},"content_text":"Canaan Inc. (CAN), a leading provider of high-performance computing solutions and Bitcoin mining equipment, saw its stock soar by 5.25% in the pre-market trading session on Thursday.\nThis surge in Canaan's stock price can be attributed to the overall positive sentiment surrounding the cryptocurrency market, particularly the recent rise in Bitcoin's value above the $98,000 mark.\nAs the demand for Bitcoin and other cryptocurrencies continues to grow, investors are flocking to crypto-related stocks, including Canaan, which specializes in manufacturing and selling highly efficient Bitcoin mining rigs. Several other crypto-focused companies, such as CleanSpark, Riot Platforms, MARA Holdings, Coinbase, and Strategy (formerly MicroStrategy), also experienced significant gains in premarket trading, reflecting the bullish sentiment in the industry.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}