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HONG KONG, Sept. 2, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Firm”) as we speak revealed its Bitcoin manufacturing and mining operations replace for August 2025.
Bitcoin Mining Manufacturing and Mining Operations Replace for August 2025
Metric
August 2025 1
July 2025 1
Variety of Bitcoin produced
663.7
650.5
Common variety of Bitcoin produced per day
21.41
20.99
Complete variety of Bitcoin held 2
5,193.4
4,529.7
Deployed hashrate
50 EH/s
50 EH/s
Common working hashrate 3
43.74 EH/s
40.91 EH/s
- Unaudited, estimated.
- As of month-end.
- Common over the month.
Notice: 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, “With our new 50 EH/s deployed capability now totally operational since July, our common working hashrate has elevated by 6.9% month-over-month. We’re additionally happy to share that we mined 663.7 Bitcoins this month, propelling our Bitcoin treasury previous the 5,000 milestone. This achievement powerfully validates our technique and strengthens our basis for sustainable development. In the meantime, we have now continued ramping up our core mining operations by focused initiatives to spice up fleet effectivity. This consists of diligent upkeep of our present fleet to make sure constant operations, selective upgrading of older miners to next-generation fashions, and our latest acquisition of a 50 MW Bitcoin mining facility within the US state of Georgia. Trying forward, we see vital potential to additional optimize our working effectivity and seize rising alternatives within the power and HPC sectors.”
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 expertise, the rising adoption of digital property, and its dedication to diversifying its enterprise portfolio. In parallel, Cango continues to function an internet worldwide used automobile export enterprise by AutoCango.com, making it simpler for international prospects 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.
Electronic mail: [email protected]
Christensen Advisory
Tel: +852 2117 0861
Electronic mail: [email protected]
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