Cango Inc. announces bitcoin production and mining activity update for November 2025


/PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its bitcoin production and mining activity update for November 2025.

Bitcoin mining production and mining activity update for November 2025

Metric

November 2025 [1]

October 2025 [1]

Number of bitcoins produced

546,7

602,6

Average number of bitcoins produced per day

18,22

19,44

Total number of bitcoins owned [2]

6.959,3

6.412,6

Deployed hashrate

50 EH/s

50 EH/s

Average operational hashrate [3]

44,38 EH/s

46,09 EH/s

  1. Not checked, estimate.
  2. At the end of the month.
  3. Average over the entire month.

Note: Cango holds bitcoins long term and has no plans to sell bitcoins at this time.

Paul Yu, CEO and Director of Cango, commented: “November marked our one-year strategic transformation milestone and it was a month that showcased our progress but also our direction. Since expanding our hashrate from 32 EH/s to 50 EH/s earlier this year, we have steadily optimized our operations to achieve average operational hashrate levels of around 90% and ended the month with 6,959.3 BTC in assets. completed our transition to the New York Stock Exchange following the termination of our ADR program, enabling direct share ownership and opening a new chapter of visibility and alignment in the US market. These achievements strengthen our foundation and advance our long-term vision to evolve from a leading Bitcoin miner to a global, distributed AI computing network powered by green energy.”

Over Cango Inc.

Cango Inc. (NYSE: CANG) is primarily engaged in bitcoin mining, with operations strategically located across North America, the Middle East, South America and East Africa. The company entered the world of crypto assets in November 2024, driven by advances in blockchain technology, the increasing adoption of digital assets and its drive to diversify its business portfolio. At the same time, Cango continues to operate an international online used car export business through AutoCango.com, making it easier for global customers to access an inventory list of quality vehicles from China. For more information, visit:www.cangoonline.com.

Contact Investor Relations

Juliet YE, Head of Communications
Cango Inc.
Email: [emailprotected]

Christensen Advisory
Tel.: +852 2117 0861
Email: [emailprotected]

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