/PRNewswire/ — CangoInc. (NYSE: CANG) (“Cango” or the “Company”) today released its November 2025 update relating to bitcoin production and mining operations.
November 2025 Update on Bitcoin Production and Mining Operations
|
Indicator |
Novembre2025 [1] |
Octobre2025 [1] |
|
Number of bitcoins produced |
546,7 |
602,6 |
|
Average number of bitcoins produced per day |
18,22 |
19,44 |
|
Total number of bitcoins held [2] |
6959,3 |
6412,6 |
|
Hash rate deployed |
50EH/s |
50EH/s |
|
Average operational hash rate [3] |
44,38EH/s |
46,09EH/s |
- Estimation non vérifiée.
- At the end of the month.
- Average over the month.
Note: Cango holds bitcoin for the long term and currently has no plans to sell its bitcoin holdings.
PaulYu, Managing Director of Cango, said: “November marked the first anniversary of our strategic transformation, demonstrating both our progress and direction. Since increasing our deployed hash rate from 32EH/s to 50EH/s earlier in the year, we have continued to optimize our operations to achieve an average operational hash rate level of around 90%, and we ended the month with a holding of 6959.3BTC. Having terminated our American Depositary Receipts (ADR) program, we have now also completed our transition to the New York Stock Exchange, allowing us to offer our shares directly there and opening a new chapter for our visibility and alignment with the US market. These successes strengthen our foundations and move us toward our long-term ambition: to move beyond being the leader in bitcoin mining to becoming a global distributed AI computing network powered by green energy.”
About CangoInc.
CangoInc. (NYSE: CANG), a bitcoin mining company, has strategic operations in North America, the Middle East, South America and East Africa. Motivated by advancements in blockchain technology, the growing reliance on digital assets, and a desire to diversify its business portfolio, the company launched into cryptoassets in November 2024. Meanwhile, Cango continues to conduct an international used vehicle export business online through AutoCango.com, to make it easier for customers around the world to access quality vehicle inventory from China. To learn more, please visit www.cangoonline.com.
Investor Relations
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CangoInc.
Email address: [emailprotected]
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