Cango Inc. Produces 454.83 Bitcoin in February, Holds Over 3,300 BTC

Cango Inc. (listed on the New York Stock Exchange) reported producing 454.83 Bitcoin (BTC) in February 2025, bringing its total holdings to 3,313.4 BTC as of February 28. The company operated mining capacity of 50 exahash per second (EH/s), though the monthly average was reduced to 34.55 EH/s due to temporary downtime. In addition to operational data, Cango announced an updated Bitcoin asset strategy aimed at funding its transition into global artificial intelligence (AI) and high-performance computing (HPC) infrastructure. The move reflects a growing industry trend where Bitcoin mining firms use their digital assets to finance broader technology-driven initiatives.

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