How Cango’s $15.4 Million Bitcoin Haul Could Rewrite the Rules of Crypto Mining Profitability—And What Investors Need to Know Now
Ever wonder what it’s like when a company decides to switch gears and rev up the Bitcoin mining engines full throttle? Well, Cango — a NYSE-listed Chinese firm that once zoomed through auto trading — just flexed its muscles by mining a whopping 141 BTC worth $15.4 million in just one week. This isn’t some flash-in-the-pan move either; it’s part of a deliberate, steady strategy that’s seen Cango’s total Bitcoin haul pile up to over 5,700 BTC as of late September 2025. Talk about playing the long game in the crypto space! Curious how this pivot from car sales to digital gold mining is reshaping their portfolio? Let’s dive into the fascinating journey of Cango’s cryptocurrency accumulation and what it might mean for investors watching the space closely. LEARN MORE.
The NYSE-listed Chinese firm announced it mined 141 BTC this week, continuing its 2025 accumulation strategy after 664 BTC mined in August.
Photo: PR Newswire
Key Takeaways
- Cango mined 141 BTC this week, bringing total holdings to 5,708.3 BTC as of Sept. 26, 2025.
- The firm has steadily accumulated Bitcoin throughout 2025, including 664 BTC mined in August.
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Cango, a NYSE-listed Chinese firm that pivoted from auto trading to Bitcoin mining, said on X that it mined 141 BTC worth $15.4 million this week.
In August, the company reported mining 664 BTC, lifting its total holdings to 5,193 BTC. With the latest September update, Cango’s stack has climbed to 5,708.3 BTC as of Sept. 26, 2025.
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