Nasdaq Warns Bitcoin Hardware Maker Canaan About Delisting – Decrypt
In brief Canaan must raise its share price above $1 for 10 consecutive days by July to avoid Nasdaq delisting. The company’s stock trades at $0.79, down from a brief spike after announcing a major 50,000-rig order in October. Largest institutional holder Streeterville Capital exited its $439 million position in December. Bitcoin mining hardware maker...
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