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Cango, a Cryptocurrency Mining Company, Mined 450 Bitcoins in June, Holding a Total of 3879.2 Bitcoins

Summary: According to reports, Cango Inc. (NASDAQ: CANG) released its cryptocurrency mining production report for June 2025 today, producing a total of 450 Bitcoins in the month with a daily average of 15 Bitcoins. As of the end of June, the company holds a total of 3,879.2 Bitcoins. The company also announced the completion of the ...

According to reports, Cango Inc. (NASDAQ: CANG) released its cryptocurrency mining production report for June 2025 today, producing a total of 450 Bitcoins in the month with a daily average of 15 Bitcoins. As of the end of June, the company holds a total of 3,879.2 Bitcoins. The company also announced the completion of the previously announced acquisition of rack-style cryptocurrency mining equipment on June 27, adding 18 EH/s of computing power and increasing the company's total hash rate to 50 EH/s.

Cango Inc. entered the cryptocurrency asset field in November 2024 and currently strategically deploys Bitcoin mining operations in 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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