Bitcoin Miner Canaan Has 180 Days to Escape Nasdaq Delisting — Will It Survive?

Canaan is struggling against the time to retain its Nasdaq listing, highlighting the pressure on publicly traded crypto mining companies as poor equity performance and tough market regulations collide. This week, the Bitcoin mining hardware manufacturer disclosed that Nasdaq sent it a formal notice as regards its shares being listed at less than the minimum bid price of $1 for 30 consecutive business days, thereby activating a 180-day compliance period ending July 13, 2026. Source: Canaan As Canaan sta ...