Canaan posts $88.7M quarterly loss
Canaan reported a net loss of $88.7 million in the first quarter of 2026 as declining bitcoin prices and weaker mining equipment demand weighed heavily on results.

TV presenter and finance editor at Grafa, with a Master’s in Commerce from UWA and diverse industry experience in finance, insurance, and media.
Canaan reported a net loss of $88.7 million in the first quarter of 2026 as declining bitcoin prices and weaker mining equipment demand weighed heavily on results.
OZZ Resources (ASX:OZZ) announced a binding agreement to acquire a 100% interest in Sulphide Minerals.
Australian explorer 49 Metals (ASX:49M) announced the acquisition of eight additional patented mining claims at its flagship Gold Mountain Project.
K33 Research said bitcoin’s current market structure differs significantly from prior bear markets because traders remain unusually defensive despite the cryptocurrency’s recovery from February lows near $60,000.
Maronan Metals (ASX:MMA) has entered into a binding agreement with Kinterra Critical Materials & Infrastructure Opportunities Fund II, LP
The United States Department of the Treasury sanctioned four individuals accused of ties to organisations linked to Hamas and the Popular Front for the Liberation of Palestine as Washington expanded financial pressure on networks connected to Gaza flotilla operations.
Webjet Group (ASX:WJL) reported an underlying EBITDA of $28.1 million for FY26, down from $35 million in the previous year.
Bank of England Deputy Governor Sarah Breeden said tokenisation could improve payment efficiency, reduce costs and strengthen competition across the UK financial system as digital asset infrastructure evolves.
Turkish authorities expanded an illegal betting crackdown to more than 670 suspects after new operations in Antalya and Mersin targeted networks accused of laundering nearly TL 18 billion ($395 million) through financial and crypto channels.
Infratil (ASX:IFT) entered into an agreement to divest a portion of its stake in Contact Energy (ASX:CEN).
Got a second for a cookie? 🍪Essential cookies keep Grafa running smoothly. A few optional ones help us see what's working so we can make it better. You're in control — change your mind any time. Cookie policy · Privacy policy