ME News Message, December 17 (UTC+8), Nasdaq-listed Bitcoin mining company Canaan Creative announced that its board has approved a new stock buyback plan, allowing the company to repurchase up to $30 million of its outstanding American Depositary Shares (ADS) over the next 12 months, with each ADS representing 15 shares of Class A common stock. Canaan Creative previously launched a stock buyback plan, but it has since expired, totaling the repurchase of 6,586,413 American Depositary Shares (ADS), approximately $4.9 million. (Source: ME)