Bitcoin miner Canaan faces Nasdaq delisting risk over sub-$1 share price

Bitcoin mining hardware manufacturer Canaan has received a delisting warning from Nasdaq, Decrypt reported. The notice, issued earlier this week, requires the company to raise its share price above $1 for at least 10 consecutive days by July to remain listed. Canaan's stock is currently trading at $0.7955, down approximately 3% from the previous day.