Information
DALLAS, Jan. 5, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform,
Original sourceCorporate Developments
Consistent operational results and significant investment from a major stakeholder enhance CANG's market credibility and bullish outlook.
FAQ
Why Bullish?
Increased Bitcoin production and major investment signal positive growth potential, reminiscent of prior increases in miner stock prices post-positive operational reports.
How important is it?
Consistent operational results and significant investment from a major stakeholder enhance CANG's market credibility and bullish outlook.
Why Long Term?
The $10.5 million investment indicates sustained support for future developments, reflecting long-term operational strategies seen in similar mining companies like Riot Blockchain.
DALLAS, Jan. 5, 2026 /PRNewswire/ -- Cango Inc. (NYSE:CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today published its Bitcoin production and mining operations update for December 2025.
Bitcoin Mining Production and Mining Operations Update for December 2025
Metric | December 2025 [1] | November 2025 [1] |
Number of Bitcoin produced | 569.0 | 546.7 |
Average number of Bitcoin produced per day | 18.35 | 18.22 |
Total number of Bitcoin held [2] | 7,528.3 | 6,959.3 |
Deployed hashrate | 50 EH/s | 50 EH/s |
Average operating hashrate [3] | 43.36 EH/s | 44.38 EH/s |
1. Unaudited, estimated. |
2. As of month-end. |
3. Average over the month. |
Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin holdings. |
Paul Yu, CEO and Director of Cango, commented, "Throughout 2025, Cango delivered strong and consistent operational growth. In December, due to favorable network difficulty adjustments, we maintained stable operating hashrate levels and achieved higher daily Bitcoin production, bringing our total Bitcoin holdings to 7,528.3 BTC. Additionally, in late December, a major shareholder decided to increase its investment in Cango with a US$10.5 million commitment, which expected to close in January 2026, representing a powerful vote of confidence in our strategic roadmap. This commitment will enable us to drive greater Bitcoin mining efficiency, and accelerate the parallel development of our energy and AI compute platform in 2026."
About Cango Inc.
Cango Inc. (NYSE:CANG) is a Bitcoin mining company with a vision to establish an integrated, global infrastructure platform capable of powering the future digital economy. The Company's mining operations span over 40 sites across North America, the Middle East, South America, and East Africa.
Since entering the digital asset space in November 2024, Cango has activated pilot projects in both integrated energy solutions and distributed AI computing. In parallel, Cango continues to operate an online international used car export business through AutoCango.com.
For more information, please visit: www.cangoonline.com.
Investor Relations Contact
Juliet Ye, Head of Communications
Cango Inc.
Email: ir@cangoonline.com
Christensen Advisory
Tel: +852 2117 0861
Email: cango@christensencomms.com
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SOURCE Cango Inc.