Mining company Cango holds 7,528 BTC. What is the value of a long-term holding strategy?

Bitcoin mining company Cango maintained stable production in December 2025, mining 569 BTC that month and holding a total of 7,528.3 BTC. At the current BTC price of $92,923.97, the book value of these bitcoins exceeds $698 million. Against the backdrop of recent continuous BTC price increases, the company’s long-term holding strategy is demonstrating its strategic value.

Stable Growth in Operational Data

Monthly Production Performance

According to the latest news, Cango’s mining operation performance in December 2025 is as follows:

• 569 BTC mined in December
• Average daily output of 18.35 BTC
• Monthly average hash rate of 43.36 EH/s (deployed hash rate of 50 EH/s)
• Hash rate utilization rate of approximately 86.7%

This level of production is considered medium-sized among mining companies. An average daily output of 18.35 BTC means that, at the current price, Cango’s daily production value is about $1.7 million.

Asset Scale Expansion

As of the end of December 2025, Cango’s Bitcoin holdings reached 7,528.3 BTC, an increase of approximately 569 BTC (the entire month’s production). This indicates that the company has maintained stable production without significantly selling Bitcoin.

At the current BTC price of $92,923.97, these holdings are worth about $698 million. This asset scale is quite substantial for a mining company.

The Significance of Long-term Holding Strategy

Why Choose Long-term Holding

Cango explicitly states that its Bitcoin will be held long-term and not sold. This decision reflects several realities:

Favorable Market Environment: According to data, Bitcoin has performed strongly recently—up 1.70% in 24 hours, up 5.99% over 7 days, with a current market cap of $1.86 trillion, accounting for 58.78% of the cryptocurrency market. During such an upward cycle, mining companies choosing to hold rather than sell indicates confidence in future price movements.

Cost Structure Advantages: Mining companies acquire Bitcoin at a cost far below market purchase prices. With Cango’s operational efficiency, the Bitcoin produced daily is obtained at mining costs rather than market prices. Long-term holding means this cost advantage will be amplified as BTC appreciates.

Enhanced Strategic Value: The more Bitcoin held, the greater the influence of the mining company within the ecosystem. Holding 7,528 BTC makes Cango a significant Bitcoin holder.

Potential Revenue Estimation

It is worth noting that if Cango continues to maintain its current monthly production level, it could produce over 6,800 BTC annually. At the current price, annual production value exceeds $630 million. Assuming prices remain stable, these additional outputs will further expand its asset scale.

Summary

Cango’s operational data demonstrates the stable performance of a mid-sized mining company: monthly production of 569 BTC, total holdings of 7,528.3 BTC, and hash rate utilization over 86%. More importantly, its long-term holding strategy—especially in the context of BTC market rising and prices breaking previous highs—reflects confidence in Bitcoin’s long-term value. This strategy has strategic significance in the current market environment and is worth other mining companies considering. Future monitoring of Cango’s production data and holdings changes can often reflect the company’s market outlook.