According to PANews, Cango Inc. (NYSE: CANG) has released its Bitcoin production and mining operation data for July 2025. The company produced a total of 650.5 Bitcoins in July, marking a 45% increase compared to the previous month. The average daily production was 20.99 Bitcoins.
Cango Inc. now holds a total of 4,529.7 Bitcoins, with its deployed computing power rising to 50 EH/s. The average operational computing power for the month was 40.91 EH/s. The company stated that with the new management team in place and an increase in Bitcoin reserves, it plans to accelerate vertical integration and expand its diversified mining farms and energy infrastructure.