[Nasdaq Issues Delisting Notice to Bitcoin Mining Company Canaan Inc.] Odaily Planet Daily News - Nasdaq-listed Bitcoin mining company Canaan Inc. disclosed that it received a written notice from Nasdaq on January 14, stating that the company violated Nasdaq Listing Rule 5550(a)(2). The closing price of its American Depositary Shares (ADS) had been below $1.00 per share for 30 consecutive trading days. According to the notice, Canaan Inc. must raise the closing price of its ADS to above $1.00 and maintain it for 10 consecutive trading days by July 13, 2026, to avoid delisting. (PRNewswire)