Golden Finance reported that Canaan Inc., a Nasdaq-listed company, announced that it had completed the previously disclosed Series A-1 preferred stock financing, with a scale of US$30 million. Canaan Technology signed a securities purchase agreement with an institutional investor on November 19, 2024, agreeing to issue and sell 30,000 Series A-1 convertible preferred shares to it at a price of US$1,000.00 per share. It is reported that the new funds are intended to be used for Support the development of digital mining and equipment in North America.