Cango Inc. Reports Record Bitcoin Production in August 2025, Surpassing 5,000 Bitcoin Milestone

Reuters

Sep 02

Cango Inc. Reports Record Bitcoin Production in August 2025, Surpassing 5,000 Bitcoin Milestone

Cango Inc. has announced its Bitcoin production and mining operations update for August 2025. The company produced 663.7 Bitcoins in August, an increase from 650.5 Bitcoins in July. The average number of Bitcoins produced daily rose to 21.41 from 20.99 in the previous month. Cango's total Bitcoin holdings reached 5,193.4 by the end of August, compared to 4,529.7 at the end of July. The deployed hashrate remained constant at 50 EH/s, while the average operating hashrate increased by 6.9% to 43.74 EH/s from 40.91 EH/s in July. Cango's CEO, Paul Yu, highlighted the company's strategy for sustainable growth and recent achievements, including the acquisition of a 50 MW Bitcoin mining facility in Georgia, USA, which aligns with their focus on enhancing operational efficiency and exploring opportunities in the energy and HPC sectors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cango Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN63192) on September 02, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Reports Record Bitcoin Production in August 2025, Surpassing 5,000 Bitcoin Milestone","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Cango Inc. Reports Record Bitcoin Production in August 2025, Surpassing 5,000 Bitcoin Milestone\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cango Inc. has announced its Bitcoin production and mining operations update for August 2025. The company produced 663.7 Bitcoins in August, an increase from 650.5 Bitcoins in July. The average number of Bitcoins produced daily rose to 21.41 from 20.99 in the previous month. Cango's total Bitcoin holdings reached 5,193.4 by the end of August, compared to 4,529.7 at the end of July. 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Reports Record Bitcoin Production in August 2025, Surpassing 5,000 Bitcoin Milestone\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-02 18:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Cango Inc. Reports Record Bitcoin Production in August 2025, Surpassing 5,000 Bitcoin Milestone\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cango Inc. has announced its Bitcoin production and mining operations update for August 2025. The company produced 663.7 Bitcoins in August, an increase from 650.5 Bitcoins in July. The average number of Bitcoins produced daily rose to 21.41 from 20.99 in the previous month. Cango's total Bitcoin holdings reached 5,193.4 by the end of August, compared to 4,529.7 at the end of July. The deployed hashrate remained constant at 50 EH/s, while the average operating hashrate increased by 6.9% to 43.74 EH/s from 40.91 EH/s in July. 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ID: CN63192) on September 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4600","symbol_name":"加密货币概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250902:nNDL7lY2Tz:1","article_id":"2564968806","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564968806","pubTimestamp":1756809941,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Cango Inc. has announced its Bitcoin production and mining operations update for August 2025. 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The average number of Bitcoins produced daily rose to 21.41 from 20.99 in the previous month. Cango's total Bitcoin holdings reached 5,193.4 by the end of August, compared to 4,529.7 at the end of July. The deployed hashrate remained constant at 50 EH/s, while the average operating hashrate increased by 6.9% to 43.74 EH/s from 40.91 EH/s in July. Cango's CEO, Paul Yu, highlighted the company's strategy for sustainable growth and recent achievements, including the acquisition of a 50 MW Bitcoin mining facility in Georgia, USA, which aligns with their focus on enhancing operational efficiency and exploring opportunities in the energy and HPC sectors.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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