#Cryptocurrency #USA #Dallas #Bitcoin Mining #Cango Inc.

November 2025 Update on Bitcoin Production and Mining

Cango Inc. (NYSE: CANG), a company dedicated to bitcoin mining, released its latest operational update for November 2025, showcasing significant strides in its mining framework. The report outlines critical figures that provide insight into the company's production capabilities and future aspirations.

Key Metrics: A Comparative Overview

• - Total Bitcoins Produced: 546.7 BTC (compared to 602.6 BTC in October 2025)
• - Daily Average Production: 18.22 BTC (down from 19.44 BTC in the previous month)
• - Total Holdings of Bitcoins: 6,959.3 BTC (an increase from 6,412.6 BTC in October)
• - Hash Rate Deployed: 50 EH/s (consistent with the prior month)
• - Average Operational Hash Rate: 44.38 EH/s (decrease from 46.09 EH/s in October)

These estimates, while unverified, paint a telling picture of the company's ongoing production trends. Cango has committed to holding its bitcoin assets long-term, signaling a strategic approach amidst market volatility.

A Year of Transformation and Growth

Paul Yu, Cango's CEO, reflects on November as a pivotal month marking the first anniversary of their strategic transformation. Since ramping up their deployed hash rate from 32 EH/s to 50 EH/s earlier this year, Cango has focused on optimizing operations. Now, they operate with an average operational hash rate nearing 90%, effectively improving efficiency. Yu emphasizes the importance of the company's holdings, which currently stand at 6,959.3 BTC, revealing a robust position in the cryptocurrency landscape.

In conjunction with these developments, Cango has successfully concluded its American Depositary Receipts (ADR) program and transitioned to the New York Stock Exchange (NYSE). This move is expected to enhance the company’s market visibility and align their operations closer to U.S. investors, thus opening new avenues for growth.

Future Aspirations

Cango's long-term goal transcends its current standing as a leading bitcoin miner. The company aims to evolve into a global distributed AI computing network powered by green energy. This ambitious plan reflects their commitment to sustainable practices and innovation in the cryptocurrency domain.

About Cango Inc.

Founded with a focus on bitcoin mining, Cango Inc. operates strategically across North America, the Middle East, South America, and East Africa. Since its entry into the crypto-asset space in November 2024, driven by advancements in blockchain technology and the escalating acceptance of digital assets, the company continues to diversify its operations. In addition to bitcoin mining, Cango maintains its international online platform, AutoCango.com, enhancing accessibility to quality used vehicles sourced from China.

To discover more about Cango and their initiatives, visit www.cangoonline.com. Their 2025 updates underscore a blend of resilience and vision, setting the stage for a robust trajectory in the thriving bitcoin landscape.

Contact Information

For investor relations inquiries, learn more about Cango:
Juliet YE
Head of Communications, Cango Inc.
Email: [email protected]
Christensen Advisory
Phone: +852 2117 0861
Email: [email protected]

Cango's narrative illuminates their unwavering commitment to innovation and industry leadership in the ever-evolving world of cryptocurrencies.