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Benzinga
Benzinga
Business
The Bamboo Works

Latest Bitcoin Meltdown Pressures Chinese Crypto Companies

Key Takeaways:

  • Ebang, a maker of cryptocurrency mining machines, has been warned about potential delisting from the Nasdaq after its stock remained below $1 for a prolonged period
  • Rival crypto mining equipment maker Canaan repurchased warrants it issued last year after its stock plunged to levels well below the exercise price
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