#Bitcoin Mining #Bitcoin Production #Cango

Cango Inc. Updates Bitcoin Production for August 2025

Cango Inc. (NYSE: CANG) has released an update revealing noteworthy advancements in its Bitcoin production and mining activities for the month of August 2025. This update comes with promising figures that reflect the company's dedication to enhancing its operational efficiency and expanding its digital asset portfolio.

Key Highlights

In August 2025, Cango produced a total of 663.7 bitcoins, a clear rise from the 650.5 bitcoins mined in July 2025. This translates to an average production of approximately 21.41 bitcoins per day, compared to 20.99 bitcoins per day in the previous month. The total number of bitcoins held by the company at the end of August stood at 5,193.4, significantly up from 4,529.7 in July. The company has maintained its hash rate at 50 EH/s, ensuring a robust operational capability.

One of the most striking improvements has been in the average operational hash rate, which saw a 6.9% increase month-over-month, rising from 40.91 EH/s in July to 43.74 EH/s in August. This efficient ramp-up in productivity is attributed to various strategic initiatives implemented since July 2025.

Strategic Initiatives and Future Prospects

Paul Yu, the CEO of Cango, expressed satisfaction with the recent progress and highlighted several key actions that contributed to this achievement. He noted,