on Cango Inc.
Cango Inc. Reports September 2025 Bitcoin Mining Update
On October 3, 2025, Cango Inc. provided an update on its Bitcoin mining activities for September 2025. The company produced 616.6 Bitcoins last month, a slight decrease from the 663.7 Bitcoins produced in August. The average daily production also dipped from 21.41 to 20.55 Bitcoins.
Cango's Bitcoin holdings increased to 5,810 Bitcoins by the end of September 2025, up from 5,193.4 in August. The deployed hashrate remained constant at 50 EH/s, while the operational hashrate saw a small rise, from 43.74 to 44.85 EH/s.
Paul Yu, CEO, stated that Cango's focus on operational excellence has resulted in enhanced fleet efficiency and hashrate growth. The company plans to expand into high-performance computing, indicating promising potential for long-term value.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Cango Inc. news