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-0.00566942869603136 -0.00130832969908422 -0.00566942869603136 -0.00566942869603136 -0.0146532926297426 -0.0340165721761883 -0.0274749236807676 -0.0122110771914523
Stock impact report

Canaan: I'm In With Call Options As Sentiment Has Finally Turned Around [Seeking Alpha]

Soluna Holdings, Inc. (SLNH) 
Company Research Source: Seeking Alpha
The September 8 Luxor financing, September 30. Soluna's 20 MW A15 XP deployment and the Oct 2, 50,000 A15 Pro order are strong news leading to a breakout beyond $1. Industry-wide, Riot's hashrate reached 36.4 EH/s in August with BTC production +48% yoy. CleanSpark recently secured $200M in facilities. BTC is consolidating $100k–$125k. I believe a breakout could spur miners' CapEx. Risks remain tied to Bitcoin price volatility. I'm betting that near-term tailwinds (anticipated rate cuts, softer dollar, and historically strong October for BTC) keep sentiment and purchasing momentum intact. Duncan Nicholls and Simon Webb/OJO Images via Getty Images I initiate my coverage on Canaan Inc. ( NASDAQ: CAN ) with a strong buy rating after I noticed clear signs of a much-needed turnaround in the sentiment surrounding this stock. To me, fundamentals This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of CAN either through stock owner Show less Read more
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