Cango Inc. Surges to Top 20 in Bitcoin Holdings, Eyes HPC Expansion
Cango Inc., a Chinese company, is making waves in the global Bitcoin mining scene despite regulatory hurdles. The company's strong treasury management and expansion plans indicate a commitment to sustainable growth.
Cango Inc. has been actively growing its crypto treasury. In September 2025 alone, the company added 101.7 BTC to its reserves. This addition, coupled with its mining output of 616.6 BTC in the same month, has significantly boosted its total holdings to 5,810 BTC. This places Cango Inc. at the 18th position in the global Bitcoin 100 treasury rankings, alongside notable companies like Marathon Digital and Hut 8.
The company's mining power is impressive, with an operating hashrate of 44.85 exahashes per second (EH/s). This high hashrate, combined with its daily average mining output of 20.55 BTC, demonstrates Cango Inc.'s commitment to Bitcoin mining. Furthermore, the company's treasury is now worth nearly $700 million at the current market price of around $120,000 per Bitcoin.
Cango Inc.'s strategic expansion into high performance computing (HPC) aims to diversify its revenue streams, further solidifying its position in the crypto landscape. With its growing Bitcoin reserves offering financial strength and strategic flexibility, the company is well-positioned for future growth.
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