Cango's Bitcoin production in July increased by 45% month-on-month to 650.5 coins.

DailyNews

2025-08-05 11:34:12

BTC-0,85%

PANews August 5 news, according to PRNewswire, Cango Inc. (NYSE: CANG) announced its Bitcoin production and Mining operations data for July 2025. A total of 650.5 Bitcoins were produced in July, a month-on-month rise of 45%; the average daily production was 20.99 Bitcoins. The company holds a total of 4,529.7 Bitcoins, with deployed Computing Power increased to 50 EH/s, and the monthly average operational Computing Power at 40.91 EH/s. Cango stated that with the new management team in place and the increase in Bitcoin reserves, it will accelerate its vertical integration pace and layout diversified Mining Farms and energy infrastructure.

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