Cango Inc. Boosts Bitcoin Holdings to 6,959 BTC

In November 2025, Cango Inc. reported a total Bitcoin holding of 6,959.3 BTC. This figure marks an increase facilitated by recent mining efforts. The company’s average operating hashrate achieved levels of 44.38 EH/s. Paul Yu, CEO and Director of Cango, highlighted continued optimization. This follows the firm’s operational transition completed in July, deploying an increased hashrate of 50 EH/s.

Paul Yu, CEO and Director of Cango Inc., commented, “November marked the one-year milestone of our strategic transformation, and it was a month that demonstrated both our progress and our direction. Since expanding our deployed hashrate from 32 EH/s to 50 EH/s earlier this year, we have steadily optimized our operations to achieve average operating hashrate levels of around 90%, and closed the month with 6,959.3 BTC in holdings.” – PR Newswire

Cango’s operations span North America and beyond. The November update underscores a strategic focus on global expansion, notably increasing its Bitcoin reserves monthly. Financial impacts appeared promising as the company avoids immediate asset liquidation, reflecting long-term resilience in Bitcoin accumulation.

The firm’s strategy could influence Bitcoin market perceptions, promoting stability and investor trust in large-scale mining operations. Cango’s focus on long-term accumulation over short-term market fluctuations is seen as a stabilizing factor in the volatile crypto industry.

Cango’s growth trajectory offers insights into potential regulatory considerations, as large BTC reserves might attract questions regarding taxation and market impact. The broader crypto market could potentially benefit from such fortifying strategies, linking corporate stability with technology advancements in mining operations.