Jiannan Technology mined 44 BTC in August, sold 3952 ETH and 54 BTC
2026-09-14 21:40:37
According to CoinMeta, Canaan Creative stated that in August, a total of 44 BTC were mined, and at the end of the month, all 3,952 ETH and 54 BTC were sold. The average selling prices were approximately $2,400 and $79,000 respectively, resulting in a total cash income of about $13.9 million. Of this amount, approximately $5.4 million was used to repurchase 13.6 million ADS. As of the end of August, the company still held 1,868 BTC and indicated that it will continue to maintain a strategic reserve of digital assets.
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