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

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Cango Inc. (NYSE: CANG) released its June 2025 crypto mining production update, reporting the production of 450.0 Bitcoins during the month, compared to 484.5 Bitcoins in May 2025. The company maintained a daily average production of 15.00 Bitcoins, slightly down from 15.63 in May.

The company's total Bitcoin holdings reached 3,879.2 by the end of June, up from 3,429.3 in May. Cango's deployed hashrate remained stable at 32 EH/s with an average operating hashrate of 29.92 EH/s.

Additionally, Cango completed its previously announced acquisition of crypto mining machines with 18 EH/s hashrate capacity on June 27, 2025, increasing the company's total hashrate to 50 EH/s.

Cango Inc. (NYSE: CANG) ha pubblicato l'aggiornamento sulla produzione di mining di criptovalute per giugno 2025, segnalando la produzione di 450,0 Bitcoin nel mese, rispetto ai 484,5 Bitcoin di maggio 2025. L'azienda ha mantenuto una produzione media giornaliera di 15,00 Bitcoin, leggermente inferiore ai 15,63 di maggio.

Le detenzioni totali di Bitcoin dell'azienda hanno raggiunto 3.879,2 a fine giugno, in aumento rispetto ai 3.429,3 di maggio. L'hashrate deployato di Cango è rimasto stabile a 32 EH/s con un hashrate operativo medio di 29,92 EH/s.

Inoltre, Cango ha completato l'acquisizione precedentemente annunciata di macchine per il mining di criptovalute con una capacità di hashrate di 18 EH/s il 27 giugno 2025, portando l'hashrate totale dell'azienda a 50 EH/s.

Cango Inc. (NYSE: CANG) publicó su actualización de producción de minería criptográfica de junio de 2025, reportando la producción de 450.0 Bitcoins durante el mes, en comparación con 484.5 Bitcoins en mayo de 2025. La compañía mantuvo una producción diaria promedio de 15.00 Bitcoins, ligeramente inferior a los 15.63 de mayo.

Las tenencias totales de Bitcoin de la empresa alcanzaron 3,879.2 al final de junio, aumentando desde 3,429.3 en mayo. El hashrate desplegado de Cango se mantuvo estable en 32 EH/s con un hashrate operativo promedio de 29.92 EH/s.

Además, Cango completó la adquisición previamente anunciada de máquinas de minería criptográfica con una capacidad de hashrate de 18 EH/s el 27 de junio de 2025, aumentando el hashrate total de la compañía a 50 EH/s.

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Cango Inc. (NYSE : CANG) a publié sa mise à jour de production minière crypto pour juin 2025, annonçant la production de 450,0 Bitcoins durant le mois, contre 484,5 Bitcoins en mai 2025. L'entreprise a maintenu une production moyenne quotidienne de 15,00 Bitcoins, légèrement inférieure aux 15,63 de mai.

Les avoirs totaux en Bitcoin de la société ont atteint 3 879,2 fin juin, en hausse par rapport à 3 429,3 en mai. Le hashrate déployé par Cango est resté stable à 32 EH/s avec un hashrate opérationnel moyen de 29,92 EH/s.

De plus, Cango a finalisé l'acquisition précédemment annoncée de machines de minage crypto avec une capacité de hashrate de 18 EH/s le 27 juin 2025, portant le hashrate total de la société à 50 EH/s.

Cango Inc. (NYSE: CANG) veröffentlichte das Produktionsupdate für das Kryptomining im Juni 2025 und meldete eine Produktion von 450,0 Bitcoins im Monat, verglichen mit 484,5 Bitcoins im Mai 2025. Das Unternehmen hielt eine durchschnittliche Tagesproduktion von 15,00 Bitcoins aufrecht, leicht gesunken von 15,63 im Mai.

Der Gesamtbestand an Bitcoins des Unternehmens erreichte zum Ende Juni 3.879,2, gegenüber 3.429,3 im Mai. Die eingesetzte Hashrate von Cango blieb stabil bei 32 EH/s mit einer durchschnittlichen Betriebs-Hashrate von 29,92 EH/s.

Zusätzlich schloss Cango die zuvor angekündigte Übernahme von Kryptowährungs-Mining-Maschinen mit einer Hashrate-Kapazität von 18 EH/s am 27. Juni 2025 ab, wodurch die gesamte Hashrate des Unternehmens auf 50 EH/s anstieg.

Positive
  • Increased total Bitcoin holdings to 3,879.2 from 3,429.3 in May 2025
  • Successfully completed acquisition of mining machines adding 18 EH/s capacity
  • Total hashrate expanded to 50 EH/s following the acquisition
  • Maintained stable deployed hashrate of 32 EH/s with high operational efficiency
Negative
  • Bitcoin production decreased to 450.0 from 484.5 in May 2025
  • Daily average Bitcoin production declined to 15.00 from 15.63 in May 2025

HONG KONG, July 1, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company") today announced its production update for crypto mining business in June 2025.

Bitcoin Mining Update for June 2025

Metrics

June 2025 1

May 2025 1

Number of Bitcoins produced

450.0

484.5

Average number of Bitcoins produced per day

15.00

15.63

Total number of Bitcoins held 2

3,879.2

3,429.3

Total number of Bitcoins sold 2

-

-

Deployed hashrate

32 EH/s

32 EH/s

Average operating hashrate 3

Ìý29.92 EH/s

29.86 EH/s


1.Ìý Unaudited, estimated.

2.Ìý As of month-end.

3.Ìý Average over the month.


The company also announced that it has completed the previously announced acquisitions of on-rackÌýcrypto mining machines with an aggregate hashrate of 18 Exahash per second on June 27, 2025. The acquisition now brings Cango's total hashrate to 50 EH/s.

About Cango Inc.

Cango Inc. (NYSE: CANG) is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. The Company entered the crypto asset space in November 2024, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio. In parallel, Cango continues to operate an online international used car export business through , making it easier for global customers to access high-quality vehicle inventory from China. For more information, please visit: .

Investor Relations Contact

Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: [email protected]Ìý

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SOURCE Cango Inc.

FAQ

How many Bitcoins did Cango (NYSE: CANG) mine in June 2025?

Cango mined 450.0 Bitcoins in June 2025, with a daily average production of 15.00 Bitcoins.

What is Cango's (NYSE: CANG) total Bitcoin holdings as of June 2025?

Cango held 3,879.2 Bitcoins as of the end of June 2025.

What was the hashrate acquisition completed by Cango (NYSE: CANG) in June 2025?

Cango completed the acquisition of mining machines with 18 EH/s hashrate capacity on June 27, 2025, bringing total hashrate to 50 EH/s.

How does Cango's (NYSE: CANG) June 2025 Bitcoin production compare to May 2025?

Cango's Bitcoin production decreased from 484.5 Bitcoins in May to 450.0 Bitcoins in June 2025, with daily average production declining from 15.63 to 15.00 Bitcoins.

What is Cango's (NYSE: CANG) current total hashrate after the June 2025 acquisition?

Following the acquisition, Cango's total hashrate increased to 50 EH/s, up from the previous deployed hashrate of 32 EH/s.
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