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

Cango Inc. Updates Bitcoin Production for November 2025

Cango Inc. (NYSE: CANG) has recently released an update detailing its Bitcoin mining and production operations for the month of November 2025. This report highlights impressive metrics and significant achievements that thus mark a milestone in Cango's strategic transformation within the crypto space.

Key Metrics of November 2025 Operations

During November, Cango produced a total of 546.7 Bitcoins, a slight decrease from 602.6 Bitcoins in October 2025. This equates to an average daily production of 18.22 Bitcoins compared to 19.44 Bitcoins from the previous month. Notably, the company reported a total Bitcoin holding of 6,959.3 Bitcoins, up from 6,412.6 Bitcoins in October.

The hash rate remained consistent at 50 EH/s, while the average operational hash rate showed a slight decline—landing at 44.38 EH/s down from 46.09 EH/s.

Paul Yu, the Chief Executive Officer of Cango, expressed optimism about the company’s trajectory. November marked one year since Cango began its strategic transformation into the cryptocurrency and AI sectors. “This month has shown both our progress and our direction,” Yu added. The efficient operational strategies they implemented have increased their average operational hash rate to an impressive 90%.

Cango's decision to hold its Bitcoin assets long term reflects a broader strategy that supports its commitment to continue growing within the cryptocurrency market without any plans to divest its current holdings.

Strategic Transition and Future Goals

The company completed a significant transition to the New York Stock Exchange, enhancing its visibility and aligning more closely with the U.S. market. This move is seen as a pivotal part of Cango’s long-term vision for evolving from a leading Bitcoin miner into a globally distributed AI computing network powered by green energy.

As a company that operates both in the Bitcoin space and through its well-known online used car export business, AutoCango.com, Cango is strategically positioned to take advantage of both sectors. The company continues focusing on expanding its operations in North America, the Middle East, South America, and East Africa.

Conclusion

As 2025 progresses, Cango Inc. hopes to keep enhancing its Bitcoin production capabilities while also exploring innovative technologies and strategies in the cryptocurrency space. The firm is set on not only contributing to the Bitcoin mining arena but also on leading the charge in harnessing green energy for its operations. This commitment to sustainability, coupled with continuous improvement and strategic partnerships, positions Cango as a formidable player in the ever-evolving world of cryptocurrency.