Cango Inc. Increases Bitcoin Output with US Expansion

Chinese miner Cango Inc. has increased its Bitcoin output significantly, operating at 50 EH/s with a recent production high of 663.7 BTC in August 2025. This expansion includes a new 50 MW facility in Georgia, USA.

Cango Inc. has escalated its Bitcoin output to record levels following a strategic expansion into the United States, as reported in August 2025.

Expansion and Strategic Growth

This expansion has significant implications, showcasing potential growth in Cango’s market influence and reflecting a broader trend of diversification among Chinese-origin crypto miners.

Strategic Moves and Market Impact

Cango Inc., headquartered in Hong Kong, announced the full operation of its 50 EH/s capacity since July. Under the leadership of CEO Paul Yu, the company pushed its Bitcoin mining capabilities through a strategic move into the US. The acquisition of a 50 MW facility in Georgia underlines this ambition, marking a stark shift from its origins in car export services.

The immediate aftermath of this expansion includes a notable increase in Cango’s Bitcoin treasury, surpassing 5,000 BTC. This move not only fortifies Cango’s position in the crypto market but also potentially influences Bitcoin price stability due to its sizable hold. Plans to maintain rather than sell its Bitcoin reserves have been emphasized, with no imminent sales efforts recorded.

Further exploration of this decision suggests broader financial implications for Chinese firms increasing their crypto presence internationally. By concentrating on efficient hashpower through next-gen upgrades, Cango aims to maximize operational efficiency and capitalize on emerging IT sectors.

“With our new 50 EH/s deployed capacity now fully operational since July, our average operating hashrate has increased by 6.9% month-over-month. We are also pleased to share that we mined 663.7 Bitcoins this month, propelling our Bitcoin treasury past the 5,000 milestone.”

This expansion coincides with historic shifts where Chinese crypto miners have sought international opportunities despite domestic restrictions. Cango’s commitment to improving operational capacity aligns with broader industry patterns favoring sustainable growth and strategic resource allocation. The overall impact on regulatory landscapes remains to be seen, as no official statements from US or Chinese regulatory bodies have been noted.

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