Cango Inc. Marks One Year Since Bitcoin Mining Transformation

Cango Inc., a publicly traded company listed on the NYSE (NYSE: CANG), marked its one-year anniversary since transitioning to a robust Bitcoin mining operation. CEO Paul Yu reflected on this milestone, emphasizing Cango’s vision to deliver energy-secure High Performance Computing (HPC) services. The journey began in November 2024 with Bitcoin mining as a practical entry point for securing energy access and establishing operational expertise before expanding into broader HPC opportunities.