Crypto miner Canaan sinks 7% despite strongest quarter in 3 years
Crypto miner and manufacturer Canaan fell 6.9% on the Nasdaq on Tuesday despite reporting a 121.1% year-on-year increase in revenue to $196.3 million in the...
Tag : Canaan
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...
Nasdaq Warns Bitcoin Hardware Maker Canaan About Delisting
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...