Cango Inc. Provides August 2025 Report on Bitcoin Manufacturing and Mining Operations
In a significant achievement, Cango Inc., a global player in Bitcoin mining operations, announced that it had mined 663.7 Bitcoins in August 2025, surpassing the 5,000 Bitcoin milestone.
The company, which operates Bitcoin mining operations across North America, the Middle East, South America, and East Africa, boasts a deployed capacity of 50 EH/s. This capacity, combined with an average operating hashrate of 43.74 EH/s in August 2025, enabled Cango to outperform expectations.
The average number of Bitcoins produced per day in August 2025 was 21.41, a notable increase from the 20.99 produced daily in July 2025. The total number of Bitcoins produced in August was 663.7, up from 650.5 in July.
As a result of this impressive performance, Cango Inc.'s total Bitcoin holdings as of August 2025 stood at 5,193.4. The company, however, has no plans to sell any of its Bitcoin holdings at this time.
Paul Yu, CEO and Director of Cango Inc., commented on the company's August 2025 performance, stating, "We are thrilled to have surpassed the 5,000 Bitcoin milestone. This achievement is a testament to our commitment to innovation and efficiency in our Bitcoin mining operations."
For investors seeking more information, the contact for investor relations is Juliet YE, Head of Communications, and can be reached at [email protected] or +852 2117 0861 (for Christensen Advisory).
It is worth noting that Cango Inc. also operates an online international used car export business through AutoCango.com.
Cango Inc. recently published its Bitcoin production and mining operations update for August 2025, providing a detailed account of its operations and performance. The update is available to the public and offers valuable insights into the company's strategies and achievements.
