Cango's Bitcoin Holdings Reach 3,879.2 BTC After June Mining

Cango Inc. has reported a total of 450 Bitcoins mined in June 2025, with an average daily output of 15 Bitcoins. This brings the company's total Bitcoin holdings to 3,879.2 as of the end of June. The company's strategic deployment of Bitcoin mining operations spans across North America, the Middle East, South America, and East Africa, while it continues to operate its international used car export business through AutoCango.com.

Cango's mining output for June 2025 represents a slight decrease from the previous month, which can be attributed to various factors such as fluctuations in mining difficulty and operational efficiency. Despite this reduction, the company's total Bitcoin holdings of 3,879.2 BTC highlight its significant presence and robust capabilities in the cryptocurrency mining sector. This substantial holding reflects Cango's long-term investment strategy and confidence in the future value of Bitcoin.

Cango's ability to maintain a substantial Bitcoin holding, despite monthly fluctuations in mining output, is a testament to its operational efficiency and strategic planning. The company's approach to cryptocurrency mining underscores its commitment to leveraging technological advancements and optimizing mining processes to maximize returns. This strategy is crucial in an industry where mining difficulty and competition are constantly evolving.

The total Bitcoin holding of 3,879.2 BTC is a significant milestone for Cango, positioning the company as a key player in the cryptocurrency mining landscape. This holding not only represents a substantial financial investment but also a strategic asset that can be leveraged for future growth and diversification. As the cryptocurrency market continues to evolve, Cango's substantial Bitcoin holdings provide a strong foundation for the company's long-term success and resilience in the face of market volatility.

In addition to its mining operations, Cango has also completed the acquisition of rack-mounted cryptocurrency mining equipment, adding 18 EH/s of mining power and increasing the company's total hash rate to 50 EH/s. This acquisition further enhances Cango's mining capabilities and reinforces its position as a leading player in the cryptocurrency mining sector. The company's strategic investments and operational efficiency position it for continued growth and success in the dynamic cryptocurrency market.