When I l ast covered Canaan Inc (NASDAQ: CAN ) for Seeking Alpha in March of this year, I rated the stock a 'hold' and noted the company's high cash burn and reliance on shareholder dilution for funding operations. The latter of which isAnalyst’s Disclosure: I/we have a beneficial long position in the shares of CAN, BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seek ...