BBX: Kanaan Treasury hits historic high, HIVE issues bonds to deploy AI computing power

BBX News: Canaan mined 89 BTC in March, with the national treasury rising to a historical peak of 1808 BTC and 3952 ETH. The integration of low-cost computing assets in Texas has landed; HIVE issues $75 million zero coupon notes to raise funds for GPU and AI data centers, with conditional approval for TSX motherboard upgrade. Core points: Canaan (NASDAQ: CAN) produced 89 BTC in March, with a peak of 1808 BTC and 3952 ETH in the national treasury; Non JV installed capacity of 266.3 MW+Texas JV 120 MW; In February, it acquired Cipher Mining Texas ABC Projects for $39.75 million, with a price of 4.4 EH/s and an electricity price of<$0.03/kWh; CEO and CFO increase their holdings of 1.45 million ADS in the public market. —HIVE（NASDAQ: HIVE）： $7, 5 million zero interest exchangeable notes financing AI/GPU expansion; TSX motherboard upgrade conditionally approved (around April 30th); BUZZ HPC $3, A contract worth 10 million has been signed, with a target initial payment of 15 million ARR; Holding 2201 BTC. Source: bbx.com