Cango Inc. Maintains Bitcoin Mining Efficiency Despite April Production Dip

Cango Inc., a leading bitcoin mining company listed on the NYSE (CANG), has released its April 2025 production report for its crypto mining operations. In April, Cango mined 470.0 Bitcoins, a 11.3% decrease compared to the 530.1 Bitcoins mined in March. The average daily Bitcoin production during April was 15.7 compared to 17.1 in March. Despite this month-over-month dip, Cango’s total Bitcoin holdings increased, reaching 2,944.8 as of April 30, 2025, up from 2,474.8 at the end of March.