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.
