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Bitcoin rally lifts Canaan, American Bitcoin, and Cango shares as much as 67%

Bitcoin rally lifts Canaan, American Bitcoin, and Cango shares as much as 67%

The three stocks outperformed several AI-focused infrastructure companies during Bitcoin’s 23% advance, according to BlocksBridge.

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CoinGecko data as of Oct 28, 3:22 PM EDT.

Canaan, American Bitcoin, and Cango shares rose as much as 67% during Bitcoin’s 23% rally on Aug. 27, Cointelegraph reported, citing BlocksBridge.

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The three Bitcoin-related stocks outperformed several AI-focused infrastructure stocks during the advance, according to the report.

Cointelegraph did not provide additional details on the individual stock moves in its report.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

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