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Cango Inc. Achieves 12% Growth in Bitcoin Production for March 2025

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Cango Inc. (NYSE: CANG) reported strong Bitcoin mining performance for March 2025, with total production reaching 530.1 Bitcoins, marking a 12% increase from February's 472.7 Bitcoins. The company's daily Bitcoin production improved to 17.1 from 16.9 in February.

Key metrics include:

  • Total Bitcoin holdings increased to 2,474.8 from 1,944.7 in February
  • Deployed hashrate maintained at 32 EH/s
  • Average operating hashrate improved to 30.3 EH/s from 29.7 EH/s

Cango Inc. (NYSE: CANG) ha riportato una forte performance nel mining di Bitcoin per marzo 2025, con una produzione totale che ha raggiunto 530,1 Bitcoin, segnando un aumento del 12% rispetto ai 472,7 Bitcoin di febbraio. La produzione giornaliera di Bitcoin dell'azienda è migliorata a 17,1 rispetto ai 16,9 di febbraio.

I principali indicatori includono:

  • Le riserve totali di Bitcoin sono aumentate a 2.474,8 rispetto ai 1.944,7 di febbraio
  • La hashrate distribuita è rimasta a 32 EH/s
  • La hashrate operativa media è migliorata a 30,3 EH/s rispetto ai 29,7 EH/s

Cango Inc. (NYSE: CANG) reportó un sólido rendimiento en la minería de Bitcoin para marzo de 2025, con una producción total que alcanzó 530.1 Bitcoins, marcando un aumento del 12% respecto a los 472.7 Bitcoins de febrero. La producción diaria de Bitcoin de la compañía mejoró a 17.1 desde 16.9 en febrero.

Los indicadores clave incluyen:

  • Las tenencias totales de Bitcoin aumentaron a 2,474.8 desde 1,944.7 en febrero
  • La tasa de hash desplegada se mantuvo en 32 EH/s
  • La tasa de hash operativa promedio mejoró a 30.3 EH/s desde 29.7 EH/s

Cango Inc. (NYSE: CANG)는 2025년 3월 비트코인 채굴 성과가 뛰어난 것으로 보고하였으며, 총 생산량이 530.1 비트코인에 도달하여 2월의 472.7 비트코인에 비해 12% 증가했습니다. 회사의 일일 비트코인 생산량은 2월의 16.9에서 17.1로 개선되었습니다.

주요 지표는 다음과 같습니다:

  • 총 비트코인 보유량이 2,474.8에서 1,944.7로 증가했습니다
  • 배포된 해시레이트는 32 EH/s로 유지되었습니다
  • 평균 운영 해시레이트는 29.7 EH/s에서 30.3 EH/s로 개선되었습니다

Cango Inc. (NYSE: CANG) a rapporté de solides performances en matière de minage de Bitcoin pour mars 2025, avec une production totale atteignant 530,1 Bitcoins, marquant une augmentation de 12 % par rapport aux 472,7 Bitcoins de février. La production quotidienne de Bitcoin de l'entreprise s'est améliorée, passant de 16,9 en février à 17,1.

Les indicateurs clés comprennent:

  • Les avoirs totaux en Bitcoin ont augmenté de 1.944,7 à 2.474,8
  • La puissance de hachage déployée est restée à 32 EH/s
  • La puissance de hachage opérationnelle moyenne s'est améliorée, passant de 29,7 EH/s à 30,3 EH/s

Cango Inc. (NYSE: CANG) berichtete über eine starke Bitcoin-Mining-Leistung für März 2025, mit einer Gesamtproduktion von 530,1 Bitcoins, was einem Anstieg von 12 % im Vergleich zu den 472,7 Bitcoins im Februar entspricht. Die tägliche Bitcoin-Produktion des Unternehmens verbesserte sich von 16,9 im Februar auf 17,1.

Wichtige Kennzahlen umfassen:

  • Die gesamten Bitcoin-Bestände stiegen von 1.944,7 auf 2.474,8
  • Die eingesetzte Hashrate blieb bei 32 EH/s
  • Die durchschnittliche Betriebshashrate verbesserte sich von 29,7 EH/s auf 30,3 EH/s

Positive
  • 12% month-over-month increase in Bitcoin production (530.1 vs 472.7)
  • Daily Bitcoin production improved to 17.1 from 16.9
  • Bitcoin holdings grew by 530.1 to reach 2,474.8
  • Operating hashrate improved to 30.3 EH/s from 29.7 EH/s
Negative
  • None.

SHANGHAI, April 7, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, announced its production update for its crypto mining business for March 2025, highlighting significant growth in Bitcoin production.

In March 2025, Cango produced a total of 530.1 Bitcoins, representing a 12% increase compared to 472.7 Bitcoins produced in February 2025. The average number of Bitcoins produced per day also rose to 17.1, up from 16.9 in the previous month.

As of the end of March, Cango holds a total of 2,474.8 Bitcoins, an increase from 1,944.7 Bitcoins at the end of February. The Company's deployed hashrate remained stable at 32 EH/s, while the average operating hashrate improved to 30.3 EH/s, up from 29.7 EH/s in February.

"We are pleased to report these positive results as we continue to enhance our operations in the growing cryptocurrency market," said Mr. Jiayuan Lin, Chief Executive Officer of Cango. "Our commitment to optimizing our mining capabilities is reflected in our production figures, and we look forward to further growth in the coming months."

Media Contact

Juliet Ye
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com 

Cision View original content:https://www.prnewswire.com/news-releases/cango-inc-achieves-12-growth-in-bitcoin-production-for-march-2025-302421765.html

SOURCE Cango Inc.

FAQ

How many Bitcoins did Cango (CANG) produce in March 2025?

Cango produced 530.1 Bitcoins in March 2025, a 12% increase from 472.7 Bitcoins in February 2025.

What is Cango's (CANG) current Bitcoin holdings as of March 2025?

Cango holds 2,474.8 Bitcoins as of March 2025, up from 1,944.7 Bitcoins at the end of February 2025.

What is Cango's (CANG) current mining hashrate capacity?

Cango maintains a deployed hashrate of 32 EH/s with an average operating hashrate of 30.3 EH/s.

How much did Cango's (CANG) daily Bitcoin production increase in March 2025?

Daily Bitcoin production increased to 17.1 Bitcoins per day in March 2025, up from 16.9 Bitcoins in February 2025.
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