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HONG KONG, October 3, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today released its September 2025 Bitcoin mining and production operations update.
Bitcoin Mining Production and Operations Update for September 2025
Paul Yu, CEO and Director of Cango, commented: “Our relentless focus on operational excellence and fleet efficiency continues to deliver results across our global mining operations. This month, we have increased our operational hashrate to 89.7%, increasing our Bitcoin treasury to over 5,800 BTC. We remain firmly on track to unlock the full potential of our 50 EH/s, ensuring a continued upward trajectory for our hashrate. This success, backed by our global footprint and asset-light model, positions us to expand into high-performance computing (HPC), where we have already identified promising initiatives to create significant long-term value.”
About Cango Inc.
Cango Inc. (NYSE: CANG) is primarily engaged in the Bitcoin mining business, with operations strategically deployed in North America, the Middle East, South America and East Africa. The Company entered the cryptoasset space in November 2024, driven by advances in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio. In parallel, Cango continues to operate an international online used car export business through AutoCango.commaking it easier for global customers to access China’s high-quality vehicle inventory. For more information, visit: www.cangoonline.com.
Investor Relations Contact
Juliet YE, Head of Communications
Cango Inc.
Email: [email protected]
Christensen Consulting
Telephone: +852 2117 0861
Email: [email protected]
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