Emerson Zhao

Michael Donovan

Emerson

Emerson Zou

Jiang

- Cango Inc. announced its Bitcoin production and mining operations update for **August 2025**, reporting **663.7 Bitcoins produced** and a total of **5,193.4 Bitcoins held** as of month-end.  **[1725123_20250902CN63192:0]** 
- The company's deployed hashrate remained at **50 EH/s**, with the average operating hashrate increasing by **6.9% month-over-month** to **43.74 EH/s** in August 2025.  **[1725123_20250902CN63192:0]** 
- CEO Paul Yu noted that the Bitcoin treasury surpassed the **5,000 milestone** and highlighted ongoing efforts to optimize operations, including the recent acquisition of a **50 MW Bitcoin mining facility** in Georgia.  **[1725123_20250902CN63192:0]** 
- Cango Inc. primarily engages in the Bitcoin mining business, having entered the crypto asset space in **November 2024**, and also operates an **online international used car export business**.  **[1725123_20250902CN63192:0]**

Cango (CANG)