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Cango Inc. Updates on Bitcoin Production and Mining for November 2025

Cango Inc., listed on NYSE under the ticker CANG, has released its latest figures on Bitcoin production and mining operations for the month of November 2025. This update not only highlights the company's achievements but also reflects its strategic transformations undertaken over the past year.

Key Highlights of November 2025 Performance

According to the data provided, Cango produced a total of 546.7 Bitcoins in November, showing a slight decline from the 602.6 Bitcoins produced in October. This translates to an average of 18.22 Bitcoins mined per day, compared to the previous month's average of 19.44 Bitcoins. Despite this decrease, Cango has significantly increased its total Bitcoin holdings, ending November with 6,959.3 Bitcoins, up from 6,412.6 Bitcoins a month earlier.

The company maintained a consistent hash rate of 50 EH/s (exahashes per second) throughout the month, although its average operational hash rate slipped to 44.38 EH/s from 46.09 EH/s in October. This operational consistency reflects Cango's ongoing commitment to optimize mining efficiency and productivity.

Strategic Developments

Paul Yu, the CEO of Cango, commented on the latest figures by emphasizing the company's journey over the past year. November marked a significant milestone in their strategic transformation, showcasing both progressive metrics and renewed focus in its operations. Yu noted that Cango’s hash rate increase from 32 EH/s to 50 EH/s earlier in the year has set the stage for enhanced productivity, culminating in a robust Bitcoin inventory of nearly 7,000 coins at the end of the month.

Furthermore, Cango recently concluded its American Depositary Receipt (ADR) program, completing its transition to the New York Stock Exchange. This move is expected to bolster the company's visibility and engagement within the US market, opening a new chapter in its operational strategies.

Looking Forward

Cango’s corporate strategy emphasizes its intention to hold Bitcoin assets long-term and avoid immediate selling. This positions the company not only as a Bitcoin miner but also as a potential player aiming for a broader vision of evolving into a decentralized AI computing network powered by renewable energy.

The company has strategically located Bitcoin mining operations across North America, the Middle East, South America, and East Africa. Cango made its entry into the cryptocurrency asset sector in November 2024, fueled by advances in blockchain technology and the growing acceptance of digital assets. Alongside its mining endeavors, Cango continues to operate its online used car export business through AutoCango.com, facilitating customer access to high-quality vehicle inventory from China.

Conclusion

Cango Inc.’s recent advancements in creating a significant Bitcoin inventory and operating a more substantial hash rate reaffirm its position in the competitive mining sector. The company's blend of innovative strategies and steady performance metrics lays a firm foundation for achieving its long-term objectives. As Cango continues its commitment to transforming into a global and environmentally conscious player within the tech industry, it is poised for future growth and opportunities in cryptocurrency.

For more information about Cango Inc. and its offerings, visit www.cangoonline.com.