Cango Mined 450 Bitcoins in June, Total Holdings Reach 3,879.2
According to a report by Jinse Finance, Cango Inc. (NYSE: CANG) today released its production report for its cryptocurrency mining operations for June 2025. The company produced a total of 450 bitcoins during the month, with an average daily output of 15 bitcoins. As of the end of June, Cango Inc. held a total of 3,879.2 bitcoins. The company also announced that it completed the previously disclosed acquisition of rack-mounted crypto mining equipment on June 27, adding 18 EH/s of computing power and increasing its total hash rate to 50 EH/s. Since entering the crypto asset sector in November 2024, Cango Inc. has strategically deployed bitcoin mining operations in North America, the Middle East, South America, and East Africa, while continuing to operate its international used car export business through AutoCango.com.
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