Cango Inc. Boosts Bitcoin Reserves to $700M Despite Regulatory Challenges
Cango Inc., a Chinese Bitcoin mining company, has shown consistent growth in its Bitcoin reserves, demonstrating the ongoing involvement of Chinese businesses in global Bitcoin mining despite regulatory hurdles.
In September 2025, Cango mined 616.6 BTC, a slight decrease from the 663.7 BTC mined in August 2025. Despite this dip, Cango's Bitcoin reserves have grown significantly, reaching 5,810 BTC. With the market price of Bitcoin hovering around $120,000, Cango's reserves are now worth nearly $700 million.
Cango's operational hashrate reached 44.85 exahashes per second (EH/s) in September 2025, reflecting the company's growing mining power. The company's average daily Bitcoin production in September was 20.55 BTC. Cango's solid treasury management and hashrate increase indicate a commitment to sustainable growth.
Cango, now the 18th largest public company with Bitcoin reserves worldwide, continues to expand its Bitcoin holdings. The company plans to diversify its revenue streams by venturing into high-performance computing (HPC). With its substantial Bitcoin reserves, Cango possesses both financial strength and strategic flexibility to navigate the dynamic cryptocurrency landscape.
