Cango Inc. Boosts Bitcoin Holdings to $700M, Enters Top 20 Worldwide
Cango Inc., a Chinese Bitcoin mining company, has bolstered its financial position and strategic flexibility by significantly expanding its bitcoin price reserves. This move comes as the stock market enters a bullish phase, positioning Cango among the top 20 largest publicly listed bitcoin holding companies worldwide.
Cango's treasury is now worth nearly $700 million, with a current btc price of around $120,000 per Bitcoin. The company added 101.7 BTC to its holdings in September 2025, bringing its total to 5,810 BTC. This expansion places Cango as the 18th largest bitcoin price holding public company globally, ahead of other major players like Marathon Digital and Hut 8.
Cango's growth is impressive, given the regulatory challenges faced by Chinese companies in the global bitcoin price mining landscape. The company's strong treasury management, rising hashrate, and future expansion into high performance computing (HPC) reflect its commitment to sustainable growth. In September alone, Cango mined 616.6 BTC, with a daily average output of 20.55 BTC. Its operating hashrate has improved to 44.85 exahashes per second (EH/s).
Cango Inc.'s strategic expansion of its bitcoin price treasury, coupled with its plans to diversify into HPC, demonstrates the company's forward-thinking approach to the stock market today. With a strong treasury worth nearly $700 million and a robust mining output, Cango is well-positioned to capitalize on the bullish crypto market and secure its place among the leading bitcoin holding companies worldwide.
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