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Stock impact report

Cango Inc. Announces November 2025 Bitcoin Production and Mining Operations Update

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
DALLAS, Dec. 5, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today published its Bitcoin production and mining operations update for November 2025.Bitcoin Mining Production and Mining Operations Update for November 2025MetricNovember 2025 [1]October 2025 [1]Number of Bitcoin produced546.7602.6Average number of Bitcoin produced per day18.2219.44Total number of Bitcoin held [2]6,959.36,412.6Deployed hashrate 50 EH/s50 EH/sAverage operating hashrate [3]44.38 EH/s46.09 EH/sUnaudited, estimated.As of month-end.Average over the month.Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin holdings.Paul Yu, CEO and Director of Cango, commented, "November marked the one-year milestone of our strategic transformation, and it was a month that demonstrated both our progress and our direction. Since expanding our deployed hashrate from 32 EH/s to 50 EH/s earlier this year, we have steadily optimized our operations to achieve Show less Read more
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