2026-01-19 14:39:03

Nasdaq has issued a stock warning notice to mining company Canaan Creative. According to regulations, the company's stock price has fallen below the $1 warning line and has entered a 180-day compliance correction period. To avoid delisting risk, the closing price must remain at $1 or above for 10 consecutive trading days during this window — this is a strict requirement.

Looking back at the past few months' performance, since late November last year, this stock has not been able to break through the $1 threshold. The market generally believes that demand in the traditional mining hardware market is shifting towards AI chips, which has caused significant impact on companies primarily engaged in mining hardware.

It is worth noting that Canaan Creative recently announced an order for 50,000 Avalon A15 Pro mining machines, which may indicate that the company is seeking a diversification breakthrough. However, whether this order can help revive the stock price still requires further market observation.

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CryptoDouble-O-Seven

· 5h ago

Mining hardware has long been a game that should have shifted focus. Who's to blame? --- 50,000 units order sounds impressive, but can it save the stock price... it depends on what happens next. --- This is the cost of not securing AI chips early. --- 180-day compliance period, immense pressure, must stay above $1 for ten consecutive trading days. --- Since November, it hasn't broken $1. Can orders turn things around this time? Doubtful. --- Switching to AI chips is only a matter of time; it all depends on who reacts quickly enough. --- The mining machine market is really cooling down; this is a industry signal. --- Will Avalon’s orders be able to save Canaan? We'll see in the next quarter.

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RunWhenCut

· 5h ago

Once again, mining companies are suffering, but can an order of 50,000 units really save them... It doesn't seem very optimistic.

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FloorPriceWatcher

· 5h ago

Sigh, it's the same old story. Mining hardware really needs to change. AI chips are in demand, mining rigs are gathering dust. I've seen through this situation long ago. 50,000 units order? Just hear it out, it won't save the stock price. Can this 180 days turn things around... I remain skeptical.

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FreeMinter