Cango Inc. Boosts Bitcoin Treasury to 5,800+ BTC in Sept 2025

HONG KONG – October 3, 2025 – Cango Inc. (NYSE: CANG), a prominent entity in the evolving landscape of digital asset mining, recently disseminated its comprehensive Bitcoin production and mining operations update for September 2025. This report provides critical insights into the company's operational efficacy, strategic expansions, and its sustained commitment to long-term value creation within the burgeoning cryptocurrency sector. The announcement underscores Cango's advancements in leveraging cutting-edge technology and a globally distributed infrastructure to solidify its position in the competitive Bitcoin mining industry.

Cango's September 2025 Performance: A Snapshot of Growth

The September 2025 update from Cango Inc. reflects a period of significant operational optimization and strategic accumulation of digital assets. The company has demonstrated a robust capacity for growth, driven by an unwavering focus on enhancing fleet efficiency and expanding its global mining footprint. These efforts have culminated in notable achievements that are poised to influence Cango's trajectory in the coming fiscal periods.

Operational Milestones and Bitcoin Treasury Expansion

A cornerstone of the September report is the remarkable increase in operational hashrate, which has reached an impressive 89.7%. This metric is a crucial indicator of the company's mining power and efficiency, signifying a near-optimal utilization of its mining equipment. Such a high operational hashrate reflects Cango's meticulous management of its mining infrastructure, minimizing downtime and maximizing Bitcoin production. Furthermore, Cango's Bitcoin treasury has expanded significantly, now surpassing 5,800 BTC. This substantial accumulation underscores the company's strategic decision to hold Bitcoin for the long term, thereby demonstrating a strong belief in the enduring value and potential appreciation of the digital asset. It is important to note that Cango currently has no intention to divest any of its Bitcoin holdings, reinforcing its commitment to a long-term investment strategy.

Paul Yu, CEO and Director of Cango, provided an insightful commentary on these developments, stating, "Our relentless focus on operational excellence and fleet efficiency continues to deliver results across our global mining operations. This month, we've grown our operational hashrate to 89.7%, increased our Bitcoin treasury to over 5,800 BTC. We remain firmly on track to unlock the full potential of our 50 EH/s, ensuring a continued upward trajectory for our hashrate." This statement highlights Cango’s strategic vision to further scale its mining capacity to 50 Exahashes per second (EH/s), a testament to its ambitious growth targets and confidence in its operational capabilities.

Strategic Expansion and Future Endeavors: Beyond Conventional Mining

Cango's strategic outlook extends beyond conventional Bitcoin mining, encompassing a broader vision for technological integration and value creation. The company's unique operational model and global reach position it advantageously for diversification into emerging tech sectors.

Global Footprint and Asset-Light Model: A Competitive Edge

Cango's mining operations are strategically deployed across diverse geographical regions, including North America, the Middle East, South America, and East Africa. This global footprint not only mitigates geopolitical and regulatory risks but also allows the company to capitalize on varying energy costs and infrastructure advantages. Coupled with an asset-light model, this approach enhances operational flexibility and scalability, enabling Cango to adapt swiftly to market dynamics and technological advancements. The CEO further elaborated, "This success, supported by our global footprint and asset-light model, positions us to expand into high-performance computing (HPC), where we've already identified promising initiatives to create significant long-term value."

Pioneering High-Performance Computing (HPC) Initiatives

The announcement of Cango's expansion into high-performance computing (HPC) represents a pivotal strategic move. HPC, with its vast computational power, has applications across numerous industries, from artificial intelligence and machine learning to scientific research and complex data analysis. By leveraging its existing infrastructure and technical expertise developed through Bitcoin mining, Cango aims to tap into new revenue streams and establish itself as a key player in the HPC domain. This diversification strategy is expected to unlock substantial long-term value, moving beyond the inherent volatility often associated with pure cryptocurrency mining.

Cango Inc.: A Diversified Business Model

While its recent focus has heavily been on Bitcoin mining, Cango Inc. is not solely defined by its crypto ventures. The company maintains a diversified business portfolio, showcasing its adaptability and commitment to exploring various economic opportunities.

From Used Cars to Crypto Assets: A Journey of Diversification

Cango Inc. initially established itself through its online international used car export business, AutoCango.com, which continues to operate. This platform facilitates global customers' access to high-quality vehicle inventory from China. The company's entry into the crypto asset space in November 2024 was a strategic decision driven by the burgeoning advancements in blockchain technology, the increasing global adoption of digital assets, and an overarching commitment to diversifying its business portfolio. This dual-pronged approach allows Cango to balance traditional revenue streams with innovative, high-growth opportunities in the digital economy.

Investor Relations and Future Outlook

Cango Inc. maintains transparent and proactive investor relations, recognizing the importance of clear communication with its stakeholders. For those seeking further information or engaging with the company, specific contact channels have been provided. Juliet YE, Head of Communications at Cango Inc., serves as a primary contact for investor inquiries via ir@cangoonline.com. Additionally, Christensen Advisory offers support for investor relations, reachable at +852 2117 0861 or via email at cango@christensencomms.com.

The company’s consistent operational updates, strategic growth initiatives, and commitment to diversification paint a promising picture for its future. As Cango Inc. continues to execute its plans to expand its hashrate and venture into HPC, stakeholders can anticipate continued innovation and value creation from this dynamic enterprise.

Conclusion

Cango Inc.'s September 2025 update reinforces its position as a forward-thinking player in both the Bitcoin mining and broader technology sectors. With a robust operational hashrate, a growing Bitcoin treasury held for the long term, and ambitious plans for high-performance computing, Cango is strategically poised for sustained growth and diversification. Its ability to marry operational excellence with a visionary outlook ensures its relevance in a rapidly evolving digital economy.