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Cango Inc. Bitcoin Production and Mining Update for September 2025

Cango Inc. (NYSE: CANG) has recently provided an comprehensive update on its Bitcoin production and mining operations for September 2025. As a leading player in the cryptocurrency sector, Cango is committed to maintaining transparency and enhancing investor knowledge regarding its operations.

Key Performance Indicators

The update highlights several important metrics that showcase the company’s performance:

• - Total Bitcoins Produced: 616.6 BTC in September, slightly down from 663.7 BTC in August.
• - Average Daily Production: 20.55 BTC, a decrease from 21.41 BTC the previous month.
• - Total Bitcoins Held by the Company: The total assets reached 5,810 BTC, up from 5,193.4 BTC in August.
• - Hash Rate Deployed: Consistently maintained at 50 EH/s throughout the month.
• - Average Operational Hash Rate: Improved to 44.85 EH/s from 43.74 EH/s in August.

These figures, though they show a reduction in production volume, illustrate Cango's focus on maintaining a strong asset base while optimizing operational efficiency.

Commitment to Long-Term Gains

Cango Inc. has made it clear that it intends to hold onto its Bitcoin assets for the long term and does not plan to sell them anytime soon. CEO Paul Yu explained, "Our commitment to operational excellence and efficiency continues to pay off across our mining operations. This month, we raised our operational hash rate to 89.7% and increased our Bitcoin cash reserves to over 5,800 BTC."

In his statement, Yu emphasized the company's readiness to leverage its full potential. With a hash rate of 50 EH/s, Cango is positioned to ensure continuous growth in its mining production, thereby sustaining a positive trajectory in its overall performance.

Renewable Growth Strategy

Cango's strategic model is 'asset-light', allowing for flexibility and scalability. This flexibility is significant as the company looks to expand into high-performance computing (HPC). The management has identified several promising initiatives aimed at creating long-term value in this area, which will further diversify its business portfolio.

Global Operations

Cango Inc. is strategically positioned with its Bitcoin mining operations located in North America, the Middle East, South America, and East Africa, demonstrating its commitment to a geographically diverse footprint in the cryptocurrency sector. Since entering cryptoassets in November 2024, Cango has been focusing on the benefits of blockchain technology and the increasing adoption of digital assets within a volatile market landscape.

In addition to its focus on cryptocurrency, the company operates AutoCango.com, an international online platform that deals with exporting used vehicles. This dual strategy allows Cango to cater to a broader audience, enabling clients worldwide easy access to quality stock from China.

For more information on Cango Inc. and its operations, including its Bitcoin ventures and vehicle export services, visit www.cangoonline.com.

Investor Relations

For inquiries, please contact Juliet Ye, head of communications at Cango Inc. at [email protected] or reach out to Christensen Advisory at +852 2117 0861. The company continues to strive for transparency and accessibility for all stakeholders.

By maintaining a steadfast focus on operational efficiency and innovative growth strategies, Cango Inc. is solidifying its position in the ever-evolving cryptocurrency landscape, proving its resilience and commitment to long-term success.