{
  "id": 19625045,
  "title": "Canaan may sell more bitcoin for stock buybacks as mining-rig revenue falls 96%",
  "url": "https://urgent.news/2026/11/12/canaan-may-sell-more-bitcoin-for-stock-buybacks-as-mining-rig-revenue",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T07:41:18.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/markets/2026/11/12/canaan-may-sell-more-bitcoin-for-stock-buybacks-as-mining-rig-revenue-falls-96"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Avalon maker has launched a $20 million repurchase program, while most of its bitcoin holdings were pledged or placed in a fixed-term product at September’s end.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}