The Bitcoin mining industry chain has once again experienced a significant upheaval. Nasdaq recently issued a warning to the leading mining machine manufacturer Canaan Creative — it must keep its stock price above $1 for 10 consecutive trading days before the end of July this year, or it will face delisting procedures.

It sounds like there is still enough time, but the reality is less optimistic. As of now, Canaan's stock price hovers around $0.79, still some distance from the compliance bottom line. Compared to other listed mining machine manufacturers, this price indeed reflects the market's cautious attitude towards the industry.

However, it is worth noting that Canaan has not been idle. In October last year, the company announced an order for 50,000 Avalon A15 Pro mining machines. This high-performance miner still has considerable recognition in the mining community, representing the company's push in technological iteration and production capacity. Whether these positive news can be reflected in the stock price within half a year depends on subsequent market performance and Bitcoin market trends.