Cango Inc. Announces October 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
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Source: PR Newswire
HONG KONG, Nov. 3, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today published its Bitcoin production and mining operations update for October 2025.Bitcoin Mining Production and Mining Operations Update for October 2025MetricOctober 2025 1September 2025 1Number of Bitcoin produced602.6616.6Average number of Bitcoin produced per day19.4420.55Total number of Bitcoin held 26412.65,810.0Deployed hashrate 50 EH/s50 EH/sAverage operating hashrate 346.09 EH/s 44.85 EH/s1. Unaudited, estimated.2. As of month-end.3. 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, "In October, we increased our average operating hashrate to over 90%, while our Bitcoin holdings surpassed the 6,000 BTC milestone, reaching a total of just over 6,400 BTC by month-end. These achievements highlight the operational maturity we have attained a
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News
- Cango (NYSE:CANG) had its price target lowered by analysts at HC Wainwright from $8.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Cango Inc (CANG) Q3 2025 Earnings Call Highlights: Revenue Surge and Strategic Expansion Amid ... [Yahoo! Finance]Yahoo! Finance
- Cango Inc. rapporteert de niet-gecontroleerde financiële resultaten van het derde kwartaal van 2025PR Newswire
- Cango Inc. Reports Third Quarter 2025 Unaudited Financial ResultsPR Newswire
- Cango Inc. Reports Third Quarter 2025 Unaudited Financial ResultsPR Newswire
CANG
Earnings
- 12/1/25 - Beat
CANG
Sec Filings
- 12/2/25 - Form 6-K
- 10/22/25 - Form S-8
- 10/20/25 - Form F-6
- CANG's page on the SEC website