CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
Seeking Alpha 2025-12-05 12:17:39

Cango maintains 50 EH/s Hashrate, grows Bitcoin holdings to 6,959 BTC

Cango ( CANG ) has released its monthly update for November 2025, detailing production figures and strategic progress. Cango maintained its deployed hashrate at 50 EH/s , achieving an average operating hashrate of 44.38 EH/s during the month . As of the end of November, Cango’s total Bitcoin holdings ( BTC-USD ) grew to 6,959.3 BTC . The company confirmed that it continues to hold Bitcoin for the long term and does not currently intend to sell any of its holdings. Key production metrics for November 2025 compared to October 2025: Metric November 2025 [ 1] October 2025 [ 1] Number of Bitcoin produced 546.7 602.6 Average number of Bitcoin produced per day 18.22 19.44 Total number of Bitcoin held [ 2] 6,959.3 6,412.6 Deployed hashrate 50 EH/s 50 EH/s Average operating hashrate [ 3] 44.38 EH/s 46.09 EH/s "Since expanding our deployed hashrate from 32 EH/s to 50 EH/s earlier this year, we have steadily optimized our operations to achieve average operating hashrate levels of around 90%, and closed the month with 6,959.3 BTC in holdings," said Paul Yu, CEO and Director of Cango. More on Cango Inc. Cango Inc. 2025 Q3 - Results - Earnings Call Presentation Cango Inc. (CANG) Q3 2025 Earnings Call Transcript Cango Inc. GAAP EPS of $0.10, revenue of $224.64M Seeking Alpha’s Quant Rating on Cango Inc. Historical earnings data for Cango Inc.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.