#USA #Blockchain #Hong Kong #Bitcoin Mining #Cango Inc.

Cango Inc. Provides Insight into September 2025 Bitcoin Operations

On October 3, 2025, Cango Inc. (NYSE: CANG), a key player in the Bitcoin mining industry, unveiled its operational update for September 2025. This update highlights their significant achievements and future aspirations in the dynamic world of cryptocurrency mining.

Production Metrics

In a detailed breakdown of Bitcoin production metrics, Cango reported that it produced 616.6 Bitcoin in September, slightly lower than the 663.7 Bitcoin produced in August. The average daily production for September stood at 20.55 Bitcoin, compared to 21.41 Bitcoin the previous month. Despite the decrease in production volume, the total Bitcoin held by Cango has risen to an impressive 5,810 Bitcoin, an increase from 5,193.4 Bitcoin at the end of August 2025.

Hash Rate Performance

Cango's hash rate is a critical measurement of its mining efficiency. The company reported an implemented hash rate of 50 EH/s, consistent with previous metrics. However, the operational average hash rate demonstrated notable improvement, rising to 44.85 EH/s from 43.74 EH/s in August. This performance signifies an operational efficiency jump to 89.7%, showcasing the effectiveness of Cango’s operational strategies.

Long-Term Holding Strategy

Cango Inc. maintains a long-term perspective regarding its Bitcoin holdings, with no immediate plans to liquidate any of its assets. This strategy positions the company solidly in a growing market, allowing it to benefit from future price increases of Bitcoin as demand surges worldwide.

Leadership Insights

Paul Yu, Cango’s CEO, expressed his satisfaction with the company’s operational efficiency. He stated, “Our relentless focus on operational excellence and fleet efficiency continues to yield results in our global mining operations. This month, we’ve improved our operational hash rate to 89.7% and our Bitcoin treasury to over 5,800 BTC.” With an eye on technological advancements and sustainable practices, Yu believes that Cango is on course to fully utilize its 50 EH/s potential, ensuring ongoing growth in its mining capabilities.

Future Aspirations

Looking beyond Bitcoin mining, Cango Inc. is strategically planning to expand into high-performance computing (HPC). The company is exploring promising initiatives to create significant long-term value in this emerging market, synergizing with its existing blockchain operations. This diversification reflects Cango’s commitment to embracing innovative technologies and adapting to market evolutions.

About Cango Inc.

Founded in November 2024, Cango Inc. has quickly established itself in the crypto asset market, leveraging the advancements in blockchain technology and the increasing adoption of digital assets. Alongside its Bitcoin mining operations, Cango operates an international platform through AutoCango.com, facilitating sales of high-quality used vehicles from China to customers worldwide.

For further information, stakeholders and investors can visit the company’s website at www.cangoonline.com.

Investor Relations Contact

For media inquiries, Juliet Ye leads Cango’s investor relations communications, reachable via email at [email protected] or through Christensen Advisory at +852 2117 0861.

Cango Inc. continues to exemplify resilience and innovation, positioning itself at the forefront of the cryptocurrency revolution as it navigates the evolving landscape with strategic foresight.