Cango Inc. Mines 616.6 BTC in September, Joins Top 20 Corporate Bitcoin Treasuries
Cango Inc. has made significant strides in its Bitcoin operations. In September 2025, the company mined 616.6 BTC, bringing its total reserves to 5,810 BTC. This places Cango among the top global corporate Bitcoin treasuries, ranking 18th alongside companies like Marathon Digital and Hut 8.
Cango's average daily Bitcoin production in September was 20.55 BTC. This follows a slight decrease from August, when the company mined 663.7 BTC. Despite this, Cango's operational hashrate has risen to 44.85 exahash per second (EH/s), indicating increased mining power.
The company added 101.7 BTC to its reserves in September, increasing its total holdings to 5,810 BTC. With the current market price of around 120,000 USD per Bitcoin, Cango's Bitcoin reserves are worth nearly 700 million dollars. This places Cango as the 18th largest public company in the world by Bitcoin holdings, a significant achievement in the competitive cryptocurrency landscape.
Looking ahead, Cango plans to diversify its revenue streams by expanding into High Performance Computing (HPC). This strategic move aims to leverage the company's technological prowess in new areas, further solidifying its position in the market.
Cango Inc.'s September 2025 Bitcoin mining results and increased reserves have solidified its place among the top global corporate Bitcoin treasuries. With a market value of nearly 700 million dollars, Cango's Bitcoin holdings are a significant asset. The company's plans to expand into HPC demonstrate a commitment to growth and diversification, positioning Cango for continued success in the dynamic cryptocurrency and technology sectors.
