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Stock impact report

Cango Inc. Announces March 2025 Production Update for Crypto Mining Business

Cango Inc. Class A Ordinary Shares (CANG) 
Last cango inc. class a ordinary shares earnings: 3/23 04:30 pm Check Earnings Report
Company Research Source: PR Newswire
SHANGHAI, April 1, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its production update for crypto mining business in March 2025.Bitcoin Mining Update for March 2025MetricsMar 2025 1Feb 2025 1Number of Bitcoins produced530.1472.7Average number of Bitcoins produced per day17.116.9Total number of Bitcoins held 22,474.81,944.7Total number of Bitcoins sold 2--Deployed hashrate 232 EH/s32 EH/sAverage operating hashrate 330.3 EH/s29.7 EH/s1. Unaudited, estimated.2. As of month-end.3. Average over the month.About Cango Inc.Cango Inc. (NYSE: CANG) primarily operates a leading Bitcoin mining business. Cango has deployed its mining operation across strategic locations including North America, Middle East, South America, and East Africa. Cango expanded into the crypto assets market in November 2024, driven by the development in blockchain technology, increasing prevalence of crypto assets and its endeavor to diversify its business. Meanwhile, Cango has co Show less Read more
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