Jia Nan Technology announces strategic restructuring, focusing on the core business of Bitcoin mining machines

ChainCatcher news, according to the official account of Canaan Creative, Canaan Creative (NASDAQ: CAN) announced the launch of a strategic restructuring, focusing on Bitcoin mining machine sales and self-operated mining business, and will terminate its non-core AI chip business unit.

The company stated that this move aims to streamline operations, enhance capital efficiency, and concentrate resources on the core competitive areas of the digital asset ecosystem. Canaan Creative expects that overall operating expenses will significantly decrease after the restructuring, and will continue to promote innovation in crypto infrastructure and global market layout in the future.