Cango Inc. Achieves 12% Growth in Bitcoin Production for March 2025

Core Insights - Cango Inc. reported significant growth in Bitcoin production for March 2025, producing a total of 530.1 Bitcoins, which is a 12% increase from 472.7 Bitcoins in February 2025 [1][2] - The average daily Bitcoin production rose to 17.1 Bitcoins, up from 16.9 in the previous month [1] - As of the end of March, Cango's total Bitcoin holdings increased to 2,474.8 Bitcoins from 1,944.7 Bitcoins at the end of February [2] - The company's deployed hashrate remained stable at 32 EH/s, while the average operating hashrate improved to 30.3 EH/s, an increase from 29.7 EH/s in February [2] - The CEO of Cango expressed optimism about the company's operations and growth in the cryptocurrency market [3]