Cango Inc. Has restructured from an automotive firm to concentrate exclusively on Bitcoin mining. After selling operations in China for 351.94 million USD, the company is now among the top five global miners.
A new executive team has been appointed, including industry veterans, to guide Cango’s innovative approach. The company is also adopting an asset-light model to optimize operational efficiency and capital management.
Cango produced 650.5 Bitcoins in July 2025 and now holds 4,529.7 BTC, valued at about 512 million USD. Their disciplined ‘mine and hold’ strategy aims for long-term value growth.
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