TechFlow news, on July 2, Cango Inc. (NYSE: CANG) released its cryptocurrency mining production report for June 2025, reporting the production of 450 bitcoins during the month, with an average daily output of 15 bitcoins, bringing the total bitcoin holdings to 3,879.2 as of the end of June. The company also announced that it completed the previously disclosed acquisition of rack-mounted cryptocurrency mining equipment on June 27, adding 18 EH/s of computing power and increasing its total hash rate to 50 EH/s. Since entering the digital asset sector in November 2024, Cango Inc. has strategically deployed Bitcoin mining operations across North America, the Middle East, South America, and East Africa, while continuing to operate its international used car export business through AutoCango.com.
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