Cango held 7,528.3 bitcoins in December, ranking 15th among listed companies.
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Cango released its December bitcoin production and mining operations update, reporting a bitcoin output of 569.0 coins, with an average daily production of 18.35 coins, showing an increase compared to November. The total bitcoin holdings reached 7,528.3 coins, rising to 15th place among listed companies. Cango CEO Paul Yu stated that stable hashrate and increased daily output were maintained in December. In late December, major shareholder EWCL made an additional investment of $10.5 million, expected to be completed in January 2026. This investment will enhance bitcoin mining efficiency and advance the development of Cango's energy and artificial intelligence computing platform in 2026.
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