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

By Cointelegraph by Amin Haqshanas · Published February 24, 2026 · 1 min read · Source: CoinTelegraph
Mining
Canaan buys 49% stake in three Texas mining sites for $40M

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

Canaan has acquired a stake in three operating Texas mining facilities with 120 MW of power and 4.4 EH/s of hashrate, expanding its footprint in infrastructure operations.

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