Canaan (CAN) stock plunged nearly ~13.4% to ~$0.42 on Tuesday after the Bitcoin (BTC-USD) miner posted weak Q1 2026 results and issued softer Q2 revenue guidance amid ongoing pressure from falling hashprice and volatile crypto markets.
Falls Canaan 13% as Bitcoin Mining Pressure Hits Q1 Results & Soft Forecast
Canaan (CAN) stock plunged nearly ~13.4% to ~$0.42 on Tuesday after the Bitcoin (BTC-USD) miner posted weak Q1 2026 results and issued softer Q2 revenue guidance amid ongoing pressure from falling hashprice and volatile crypto markets.