Canaan can fund buybacks with its crypto treasury, with roughly $28M of nominal capacity—equal to 19.9% of its market value. The catch: no sale or repurchase was disclosed, while its core business is burning cash and some BTC remains pledged. By @akibablade https://cryptoslate.com/canaan-can-use-crypto-to-buy-back-nearly-20-of-its-market-value-while-its-core-business-burns-cash/(CryptoSlate)