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HONG KONG, Oct. 3, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Firm”) in the present day revealed its Bitcoin manufacturing and mining operations replace for September 2025.
Bitcoin Mining Manufacturing and Mining Operations Replace for September 2025
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, “Our relentless concentrate on operational excellence and fleet effectivity continues to ship outcomes throughout our international mining operations. This month, we’ve grown our operational hashrate to 89.7%, elevated our Bitcoin treasury to over 5,800 BTC. We stay firmly on monitor to unlock the complete potential of our 50 EH/s, making certain a continued upward trajectory for our hashrate. This success, supported by our international footprint and asset-light mannequin, positions us to develop into high-performance computing (HPC), the place we’ve already recognized promising initiatives to create important long-term worth.”
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 house in November 2024, pushed by developments in blockchain know-how, the rising adoption of digital property, and its dedication to diversifying its enterprise portfolio. In parallel, Cango continues to function a web based worldwide used automobile export enterprise by means of AutoCango.com, making it simpler for international prospects to entry high-quality car 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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