Cango, the Chinese automotive transaction service platform that previously invested $256 million in Bitmain BTC mining machines, has announced its latest Bitcoin mining update. This week, Cango successfully mined 142.8 BTC. Notably, the company reported no Bitcoin sales this week, indicating a strategy of holding onto its mined assets. As a result, Cango's total Bitcoin holdings now stand at a substantial 4,529.8 BTC. This significant accumulation reflects Cango's commitment to its Bitcoin mining operation and its belief in the long-term value of the cryptocurrency. The company is actively investing in cryptocurrency mining infrastructure to diversify its revenue streams. ```

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