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NYSE-listed mining company Cango mined 130.7 BTC this week, with total holdings surpassing 7,000 BTC
[Blockchain News] NYSE-listed mining company Cango has made new moves this week. They just announced that they mined 130.7 bitcoins over the past 7 days. With these newly produced coins, Cango’s total bitcoin holdings have reached 7,033.1.
This holding amount is quite solid and steady among publicly listed mining companies. Weekly production staying above 100 coins indicates that their mining equipment is running smoothly. At the current bitcoin price, just this week’s output is already quite valuable.
It seems that traditional capital markets are still quite interested in bitcoin mining. After all, for a mining company to be listed on the NYSE, compliance and financial transparency must be top-notch. Continuously disclosing mining data also provides reassurance to investors.