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Cango Inc. Reveals November 2025 Bitcoin Production and Mining Update

Cango Inc. Announces November 2025 Bitcoin Production and Mining Updates

Cango Inc. (NYSE: CANG) has effectively shared its Bitcoin production statistics and mining operations update for November 2025. With heightened interest in the cryptocurrency landscape, Cango's latest figures unveil both productivity levels and advancements as it navigates through a competitive mining sector.

Production Metrics Overview

Cango's Bitcoin production results reflect a slight decrease compared to October 2025. The numbers reported are as follows:

- Total Bitcoin Produced: 546.7 BTC
- Average Daily Production: 18.22 BTC
- Total Bitcoin Held: 6,959.3 BTC
- Distributed Hashrate: 50 EH/s
- Average Operating Hashrate: 44.38 EH/s

The total Bitcoin production saw a reduction from the previous month's figures, where 602.6 BTC was generated, and the average daily production dropped from 19.44 BTC. Despite these declines, Cango's strategic holding of Bitcoin remains firm as the company plans to retain all of its mined Bitcoin for the long term.

Strategic Developments

Cango’s CEO, Paul Yu, noted that November marked a year since the company embarked on its strategic transformation. This transition included increasing the hashrate from 32 EH/s to an impressive 50 EH/s early in the year, which has enabled the company to enhance its mining efficiency substantially.

The continuous improvements in operations have led to average operational hashrate levels around 90%. By the month's end, the company boasted a total Bitcoin wallet value of approximately 6,959.3 BTC, reflecting optimism and stability within its mining framework.

In a significant corporate development, Cango completed its transition to the New York Stock Exchange, closing its American Depositary Receipt (ADR) program and allowing direct ownership of its shares. This move is anticipated to bolster Cango's visibility and market alignment in the United States, further supporting its goals in the cryptocurrency mining space.

Future Vision

Looking ahead, Paul Yu expressed that the recent achievements underline the company’s foundational strengths and contribute significantly to its long-term vision. Cango aspires to evolve from a prominent Bitcoin miner to a globally distributed AI processing network powered by sustainable energy sources, showing a commitment to expand beyond its current operations.

In today's competitive landscape, businesses are increasingly under pressure to pivot towards greener practices. Cango's focus on green energy solutions within its mining operations is a critical component of its strategy, reflecting broader industry trends towards sustainability.

About Cango Inc.

Founded as a major player in the Bitcoin mining sector, Cango Inc. strategically operates across North America, the Middle East, South America, and East Africa. The company ventured into cryptocurrency in November 2024, propelled by advancements in blockchain technology and rising adoption of digital assets.

In addition to its mining endeavors, Cango continues to facilitate an international online export business for used cars through AutoCango.com, simplifying cross-border transactions for a wide consumer base with quality vehicles sourced from China.

For more information about Cango Inc. and its ongoing projects, please visit www.cangoonline.com.