Canaan Acquires 49% Stake in WindHQ Joint Venture Mining Projects in West Texas

Reuters
02/24
Canaan Acquires 49% Stake in WindHQ Joint Venture Mining Projects in <a href="https://laohu8.com/S/WTXR">West Texas</a>

Canaan Inc. has acquired Cipher Mining’s 49% equity interest in a joint venture comprising Alborz LLC, Bear LLC, and Chief Mountain LLC, giving Canaan a 49% stake alongside WindHQ LLC’s 51% in the West Texas “ABC Projects.” The fully operational sites provide 120 MW of power capacity supporting about 4.4 EH/s of hashrate, and the deal also includes Canaan’s purchase of 6,840 Avalon A15Pro mining rigs from Cipher.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canaan Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN93132) on February 23, 2026, and is solely responsible for the information contained therein.

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免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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