Canaan just received a bid-price deficiency notice from Nasdaq—basically a 180-day window to get its stock price back up or face delisting.

Meanwhile, Jefferies' equity strategist Christopher Wood removed his entire 10% $BTC Bitcoin allocation over quantum computing concerns. What's interesting here is the contrast: one threat is immediate and operational (a miner struggling to maintain exchange listing), the other is theoretical but existential enough to move institutional money.

Mining stocks are already under margin pressure from energy costs and halving dynamics. Add regulatory scrutiny and now you've got public market survival questions. Wood's quantum rationale might seem premature to some, but it signals how fragile institutional conviction still is when speculative risks emerge.

Canaan's countdown isn't just about share price—it's about whether mining infrastructure can sustain public market expectations at all.

#bitcoin #NasdaqDelisting #quantumcomputing #MiningStocks #InstitutionalCrypto