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Cango Inc. January 2026 Bitcoin Production Update

Cango Inc. (NYSE: CANG), a prominent player in the Bitcoin mining sector, showcased a detailed report on its January 2026 Bitcoin production and mining activities. Despite facing severe winter conditions that hampered operations across significant regions of North America, the company reported a noteworthy production output.

Production Metrics

Cango's update revealed several key metrics for January 2026:

• - Total Bitcoin Produced: 496.35 BTC
• - Average Daily Production: 16.01 BTC
• - Total Bitcoin Held: 7,474.6 BTC
• - Total Bitcoin Sold: 550.03 BTC
• - Hashrate Deployed: 50 EH/s
• - Average Operating Hashrate: 37.02 EH/s, showcasing a decrease from the previous month’s 43.36 EH/s.

Despite January's production reflecting a decline from December's output of 569 BTC, the company has maintained a robust stance with the total Bitcoin sold this month amounting to 550.03 BTC, a significant shift as Cango transitions to a model that includes Bitcoin sales to bolster its operations and strategic initiatives.

Impact of Weather Conditions

Paul Yu, CEO of Cango, addressed the challenges presented by extreme winter weather, which led to operational downtime and reduced hash rates. He noted that these challenges were partially mitigated by adjustments in network difficulty, enabling the company to mine nearly 500 BTC over the course of the month. Yu emphasized the company's adaptability, stating, "Starting this month, we will selectively sell a portion of newly mined Bitcoin to support the expansion of our inference platform and other near-term growth initiatives."

This shift in strategy reflects Cango's tactical flexibility and its focus on leveraging recent business opportunities while enhancing liquidity management.

Cango's Vision and Operations

Founded with a vision to create an integrated global infrastructure platform for the digital economy, Cango operates over 40 mining sites spread across North America, the Middle East, South America, and East Africa. The company aims to establish itself as a leader in providing not just Bitcoin mining but also integrated energy solutions and distributed AI computing.

Cango entered the digital asset industry in late 2024 and embarked on various pilot projects in advanced energy solutions. The company has not only focused on Bitcoin mining but has also diversified into an international used car export business through its platform, AutoCango.com.

Future Outlook

As Cango Inc. navigates through harsh weather conditions and operational adjustments, the company remains optimistic about future production capabilities and market positioning. The strategic decision to sell a portion of mined Bitcoin is anticipated to play a critical role in financing new projects and maintaining its commitment to innovation in the rapidly evolving digital economy.

For more information on Cango Inc. and its operations, visit Cango Online.