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📅 July 3, 7:00 – July 9,
Cango Inc. Bitcoin production hits a new high with a total hashrate of 50EH/s
On July 2, Cango Inc. (NYSE: CANG) released its production report for the cryptocurrency mining business for June 2025, reporting a total production of 450 Bitcoins for the month, with an average daily output of 15 Bitcoins. As of the end of June, the total amount of Bitcoins held reached 3,879.2. The company also announced that it completed the previously announced acquisition of rack-mounted cryptocurrency mining equipment on June 27, adding a computing power of 18 EH/s, increasing the company's total hashrate to 50 EH/s.
Cango Inc. has entered the cryptocurrency asset field in November 2024, strategically deploying Bitcoin mining operations in North America, the Middle East, South America, and East Africa, while continuing to operate its international used car export business through AutoCango.com.