CanGu Group produced 663.7 Bitcoins in August, bringing their total holdings to 5197 Bitcoins.

By: theblockbeats.news|2025/09/03 19:32:20
0
Share
copy

BlockBeats News, September 3rd: Canaan Inc. ("Canaan" or the "Company") released its August 2025 Bitcoin production and operational update on September 2nd. The data shows that the company mined 663.7 bitcoins in August, bringing its total holdings to 5,193.4 bitcoins. The company plans to hold Bitcoin long-term and currently has no selling plans.

Canaan's CEO and Director, Paul Yu, commented on this, stating: "Since achieving full production of the additional 50 EH/s of mining power in July, the company's average monthly operational hash rate has increased by 6.9%. This month's production of 663.7 bitcoins has propelled the company's Bitcoin holdings past the 5,000 bitcoins milestone, a significant achievement that strongly validates our strategic direction and solidifies the foundation for sustainable growth."

You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

Popular coins

Latest Crypto News

Read more