**[Weekly Mining Data Highlights: Bitcoin Hits $119,340; Network Hashrate Up 2.8%]** Odaily Planet Daily News – Week 34 of 2025 (August 15 - August 21): 1. According to Cloverpool, Bitcoin's average network hashrate was 908 EH/s, with a peak of 1042 EH/s and a low of 746 EH/s. This represents a 5.88% decrease compared to last week's average hashrate (965 EH/s). 2. According to Blockchain.com, Bitcoin's average price was $116,297, with a high of $119,340 and a low of $111,964, marking a 2.18% decline compared to last week's average price ($118,888). 3. Noteworthy mining news includes: (1) Google increased its stake in Bitcoin mining company TeraWulf to 14%, becoming the company's largest shareholder. (2) The Trump family-backed mining company American Bitcoin plans to acquire companies in Asia to establish a Bitcoin treasury. The company has already begun engaging with investors regarding potential acquisitions and is currently planning to acquire a publicly listed company in Japan, with possible simultaneous expansion into the Hong Kong market. (3) Thumzup plans to acquire Dogehash in an all-stock deal, aiming to expand into Dogecoin and Litecoin mining. **Data Partner:** Cango Inc. (CANG), a Bitcoin mining company listed on the New York Stock Exchange.