Nasdaq Mining Companies Face Delisting Crisis: Stock Price Falls Below $1 Threshold

SerumDegen · 2026-01-16T14:40:11+00:00

Canaan Inc. received a Nasdaq warning after ADS stock price failed to reach $1 for 30 consecutive trading days. The company must restore its stock price and maintain it for 10 trading days before July 2026, facing the risk of delisting. This situation reflects the cyclical pressures and compliance challenges in the mining industry.

SerumDegen

2026-01-16 14:40:11

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【Crypto World】Nasdaq-listed Bitcoin mining leader Canaan Inc. has recently received a written warning from the Nasdaq Stock Market. According to the notice, the company's American Depositary Shares (ADS) have not closed above the minimum standard of $1 per share for 30 consecutive trading days, violating Nasdaq Listing Rule 5550(a)(2)—essentially sounding an alarm.

How serious is the situation? Canaan must find a way to bring the ADS share price back above $1 by July 13, 2026, and maintain it for at least 10 consecutive trading days. Failure to do so could result in delisting from Nasdaq. This means the company has approximately 18 months to turn things around—tight but not impossible.

For mining companies, such stock price difficulties often reflect the cyclical pressures of the entire mining industry. Bitcoin price fluctuations, electricity costs, hardware depreciation… these factors directly impact the operational performance and market valuation of mining firms. Canaan’s current situation also serves as a reminder to the entire mining ecosystem of how real the compliance pressures and market tests faced after going public are.

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LazyDevMiner

· 01-16 15:10

Canaan's recent performance is really uncertain, breaking the $1 mark is quite a shock. How come mining companies are finding it increasingly difficult these days? A turnaround in 18 months? I think it's doubtful. Another player hit hard by the cycle... The mining industry is now just a meat grinder. The $1 threshold is quite tough. Where are the so-called leaders? They can't even hold up. Delisting risk is something to watch out for. Electricity costs, hardware, coin prices—all pitfalls. Bitcoin has risen, so why are mining companies still struggling? The stock price falling below $1, Nasdaq's rules are really strict. It seems like only some clever tricks can keep them alive.

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HashRateHustler

· 01-16 15:10

Leading mining companies are almost delisted, how bad is this market... Canaan's situation is a bit uncertain, a turnaround in 18 months depends on Bitcoin's performance The stock price fell below $1, it feels like the entire mining industry is crying Remember how hot mining was last year, now it's on the verge of delisting, the cycle is brutal Can't even hold onto one dollar, delisting countdown has begun? Mining companies work hard, with electricity costs looming, stock prices just keep falling This incident with Canaan shows that the industry has truly entered winter

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OnchainHolmes

· 01-16 15:09

Leading mining companies are almost falling out of NASDAQ. The industry really needs to reflect. A turnaround in 18 months—it's not too hard to say it's difficult, and not too easy to say it's easy. With such great pressure from the mining cycle, diversification was long overdue. Canaan's current situation is a bit risky, but if Bitcoin recovers, there might still be a chance. In the mining business, if heaven doesn't help, everything is in vain.

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BugBountyHunter

· 01-16 15:08

The industry is really struggling, even the leading companies can't hold on. Canaan Technology still needs to endure another 18 months to turn things around? That seems quite tough. They can't even hold onto one dollar, which shows that the coin price isn't as strong as expected this wave. Mining costs are too high, squeezing profits tightly. With mining company stock prices falling like this, it also suggests that Bitcoin's market might not be so optimistic either. Whether it can turn around in 18 months depends on how Bitcoin performs; it's still a gamble on the coin price.

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GlueGuy

· 01-16 15:07

Canaan is about to cool down, even the leading companies can't hold up... Mining companies really can't sustain this wave; a fluctuation in Bitcoin's price is all it takes. A turnaround in 18 months? Sounds easy to say but hard to do... The crypto world is truly a tale of two extremes. The leading companies that were prominent two years ago are now about to delist. Retail investors are going to take another hit; I feel sorry for Canaan's holders. But on the other hand, is the entire mining cycle really under such immense pressure? The stock price breaking below $1... Could this be a signal?

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MrDecoder

· 01-16 15:03

Canaan's current situation is a bit uncertain; whether they can turn things around in 18 months still depends on Bitcoin's performance.

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BearMarketBuyer

· 01-16 14:46

Canaan is really about to go down the drain, can it turn around in 18 months? I doubt it. --- The leading companies have all been delisted, who else dares to play in mining now? --- That's why I say mining companies are more fragile than the coin prices... --- Not holding the $1 line indicates that the underlying logic has already broken down. --- Wait, could this trigger a chain reaction? --- It's the cycle pressure again... always the same excuse. --- Canaan can only turn things around if Bitcoin rises, otherwise there's no hope. --- The risk of delisting spreading from one to ten to a hundred makes the stock price even more dangerous.

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