PANews
PANews|Jun 24, 2025 09:24
Jianan Technology announces strategic restructuring, focusing on the core business of Bitcoin mining machines According to the official account of Jianan Technology, Jianan Technology (NASDAQ code: CAN) announced the launch of strategic restructuring, focusing on Bitcoin mining machine sales and self mining business, and will terminate the non core AI chip business unit. The company stated that this move aims to streamline operations, improve capital efficiency, and concentrate resources on the core advantageous areas of the digital asset ecosystem. Jianan Technology expects a significant decrease in overall operating expenses after the restructuring, and will continue to promote innovation in encryption infrastructure and global market layout in the future.
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