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Cango Inc. Updates on Bitcoin Production and Mining Operations for November 2025
On December 5, 2025, Cango Inc. (NYSE: CANG) released an update on its Bitcoin production and mining operations for November 2025. The company produced 546.7 Bitcoins in November, a decrease from 602.6 Bitcoins in October. The average daily production also declined to 18.22 BTC compared to 19.44 BTC in October.
Despite the reduction in production, Cango increased its total Bitcoin holdings to 6,959.3 BTC, up from 6,412.6 BTC the previous month. The deployed hashrate remained steady at 50 EH/s, but the average operating hashrate fell slightly to 44.38 EH/s from 46.09 EH/s.
CEO Paul Yu highlighted the strategic milestones achieved, including transitioning to the New York Stock Exchange. Cango aims to evolve into a global, distributed AI compute network powered by green energy.
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