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Cango Mines 602.6 BTC in October, Total Holdings Surpass 6,400 Bitcoin
Yahoo Finance·2025-11-03 21:51

Cango Inc. produced 602.6 Bitcoin in October 2025, bringing its total holdings to 6,412.6 BTC by month-end. The company mined an average of 19.44 Bitcoin per day during the month, compared to 20.55 BTC daily in September 2025. The company announced on Nov. 3 that it holds Bitcoin for the long term and does not currently intend to sell any of its holdings. Cango will terminate its American depositary receipt program on Nov. 14, moving from depositary receipts to direct share trading to eliminate intermedia ...