Canaan (CAN) announced in a press release that it has secured a U.S. purchase order for more than 50,000 Avalon A15 Pro bitcoin mining machines, marking the company’s largest single order over the past three years. The units are slated for delivery in Q4 2025. CAN shares surged over 20% in early morning trading hours. Get these headlines directly to your inbox: subscribe to Blockspace. Nangeng Zhang, chairman and CEO of Canaan, said the milestone order “reflects the robust resurgence of the U.S. market.” ...