Mining company Cango produced 569 bitcoins in December, increasing its total holdings to 7,528.3 bitcoins
Jan 06, 2026 15:57:45
According to official news, Bitcoin mining company Cango Inc. (NYSE: CANG) released its report for December 2025, stating that it produced 569 Bitcoins in December, with an average daily output of 18.35 Bitcoins. The total holding has risen to 7,528.3 Bitcoins, ranking it 15th among all publicly traded companies holding Bitcoin.
Cango's CEO and Director Paul Yu stated, "Throughout 2025, Cango achieved strong and consistent operational growth. In December, due to favorable network difficulty adjustments, we maintained a stable operational hash rate and achieved a higher daily Bitcoin production, bringing our total Bitcoin holdings to 7,528.3 BTC.
Additionally, in late December, a major shareholder decided to increase their investment in Cango, committing an amount of $10.5 million. This transaction is expected to be completed in January 2026, representing a strong vote of confidence in our strategic roadmap. This commitment will enable us to enhance Bitcoin mining efficiency and accelerate the parallel development of our energy and AI computing platforms in 2026."
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