October 12, 2026

Capitalizations Index – B ∞/21M

Bitmain’s Biggest Bitcoin Mining Rival Plots $1 Billion Hong Kong IPO

News – CCN
Bitmain’s Biggest bitcoin Mining Rival Plots $1 Billion Hong Kong IPO

Canaan Creative, China’s second-largest bitcoin mining hardware manufacturer, plans to raise $1 billion through an initial public offering (IPO) on the Hong Kong Stock Exchange (SEHK). The South China Morning Post reported on Wednesday that the Hangzhou-based firm will be the first blockchain startup to list on the SEHK, though sources also say that a

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