Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
This week's top mining news highlights: Cango celebrates its first anniversary of crypto transformation and is exploring AI HPC projects.
2025-11-07 04:04

Odaily Planet Daily News: Week 44 of 2025 (October 31 - November 6):

1. According to blockchain.com, the average price of Bitcoin was $107,206, with a high of $111,222 and a low of $98,893, down 4.33% from the average price of the previous week ($112,055).

2. Notable mining news includes:

(1) Cango completed its crypto transformation one year ago, with BTC holdings exceeding 6,400 and is exploring AI HPC projects;

(2) American Bitcoin, a mining company owned by the Trump family, increased its holdings by 139 BTC, bringing its total holdings to 4,004 BTC;

(3) Bitcoin mining company Cipher Mining will issue senior secured notes to raise $1.4 billion;

(4) Bitcoin mining company Mara Holdings reported a record profit of $123 million in Q3;

(5) Crypto mining company Cipher Mining reached a $5.5 billion lease agreement with Amazon Web Services;

(6) Bitcoin mining machine manufacturer Canaan Technology received $72 million in investment from investment institutions such as Brevan Howard and Galaxy Digital;

(7) Bitcoin mining company IREN signed a $9.7 billion deal with Microsoft to provide cloud computing services in Texas.

Data partner: Cango Inc. (CANG), a NYSE-listed Bitcoin mining company.