Cango mined 450 bitcoins in June, bringing its total holdings to 3,879.2
2025-07-02 03:08:50
Cango Inc. (NYSE: CANG) today released its crypto mining business production report for June 2025. A total of 450 bitcoins were produced in the month, with an average daily output of 15 bitcoins. As of the end of June, the total number of bitcoins held reached 3,879.2. The company also announced that it has completed the previously announced acquisition of rack-mounted crypto mining equipment on June 27, adding 18 EH/s of computing power, bringing the company's total hash rate to 50 EH/s. Cango Inc. has entered the crypto asset field since November 2024 and is currently strategically deploying bitcoin mining operations in North America, the Middle East, South America and East Africa, while continuing to operate the international used car export business through AutoCango.com.
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