Advertisment
HONG KONG, Nov. 3, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Firm”) at the moment printed its Bitcoin manufacturing and mining operations replace for October 2025.
Bitcoin Mining Manufacturing and Mining Operations Replace for October 2025
Metric
October 2025 1
September 2025 1
Variety of Bitcoin produced
602.6
616.6
Common variety of Bitcoin produced per day
19.44
20.55
Whole variety of Bitcoin held 2
6412.6
5,810.0
Deployed hashrate
50 EH/s
50 EH/s
Common working hashrate 3
46.09 EH/s
44.85 EH/s
1. Unaudited, estimated.
2. As of month-end.
3. Common over the month.
Observe: Cango holds Bitcoin for the long run and doesn’t presently intend to promote any of its Bitcoin holdings.
Paul Yu, CEO and Director of Cango, commented, “In October, we elevated our common working hashrate to over 90%, whereas our Bitcoin holdings surpassed the 6,000 BTC milestone, reaching a complete of simply over 6,400 BTC by month-end. These achievements spotlight the operational maturity we now have attained as we close to the one-year mark of our strategic transformation. In October, we introduced the termination of our ADR program and the deliberate direct itemizing of our unusual shares on the NYSE, which we count on to finish in November. This additional reinforces our dedication to working as a U.S.-centric group. We imagine these operational and monetary milestones put us in a powerful place to seize worth from rising alternatives in power and AI going ahead.”
About Cango Inc.
Cango Inc. (NYSE: CANG) is primarily engaged within the Bitcoin mining enterprise, with operations strategically deployed throughout North America, the Center East, South America, and East Africa. The Firm entered the crypto asset area in November 2024, pushed by developments in blockchain know-how, the rising adoption of digital belongings, and its dedication to diversifying its enterprise portfolio. In parallel, Cango continues to function a web-based worldwide used automotive export enterprise by means of AutoCango.com, making it simpler for international clients to entry high-quality automobile stock from China. For extra data, please go to: www.cangoonline.com.
Investor Relations Contact
Juliet YE, Head of Communications
Cango Inc.
E-mail: [email protected]
Christensen Advisory
Tel: +852 2117 0861
E-mail: [email protected]
[newsletter_form lists=”1″]
