Cango $CANG Boosts Bitcoin Treasury by 101.7 BTC to 5,810 BTC
Cango Inc., a Chinese publicly traded Bitcoin mining company, has expanded its crypto treasury once again. The company added 101.7 BTC in September. This brings its total holdings to 5,810 BTC. This move strengthens its position as the 18th largest Bitcoin holding public company worldwide.
Cango’s Bitcoin Treasury Growth
According to fresh data, Cango mined 616.6 BTC in September 2025. While this was slightly lower than August’s 663.7 BTC. The company still recorded solid growth in overall reserves. The firms daily average mining output stood at 20.55 BTC. Cango’s treasury now holds a significant 5,810 BTC. At today market price of around $120,000 per Bitcoin. This translates to nearly $700 million in holdings. The expansion shows the company’s commitment to building long term value through Bitcoin accumulation . Even as monthly production fluctuates.
Operational Strength and Hashrate Gains
Beyond its treasury, Cango also reported improvements in mining efficiency. Its operating hashrate climbed to 44.85 exahashes per second (EH/s). Hashrate growth is a key signal of mining competitiveness. This shows that the company is adding more computing power to secure the Bitcoin network. This operational progress helps offset the slight decline in monthly production. The higher hash rate positions Cango to benefit more strongly from upcoming block rewards and any future network shifts. It also strengthens the company resilience against volatility in mining difficulty levels.
Expansion Beyond Mining
While Bitcoin remains the company core focus. Cango is also looking to diversify. Management has expressed plans to expand into high performance computing (HPC). This move reflects a broader trend among mining firms that are branching into artificial intelligence (AI) and data processing. High performance computing offers new revenue opportunities while leveraging the same energy. With infrastructure that powers crypto mining.
For the company, this strategy may reduce dependence on Bitcoin market cycles while still taking advantage of its massive computing power. Industry analysts note that diversification could help Cango stay competitive in an increasingly crowded mining market. With global players racing to deploy advanced mining rigs. Companies that build secondary revenue streams may enjoy more stability in the long run.
Cango’s Place in the Bitcoin Ecosystem
With 5,810 BTC in reserve, Cango ranks 18th in the global Bitcoin 100 treasury rankings. This places the company among the top corporate holders of Bitcoin worldwide. Alongside firms such as Marathon Digital, Hut 8 and Riot Platforms. Cango steady growth demonstrates how Chinese companies remain active participants. In the global Bitcoin mining landscape, despite regulatory challenges.
The firms combination of strong treasury management, rising hashrate and future expansion. Into HPC highlights its focus on sustainable growth. For investors, the company represents a play on Bitcoin long term rise and on the increasing demand for computing power. As the crypto market enters another bullish phase. Cango growing reserves could offer the company financial strength and strategic flexibility.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anti-Inflation Crypto Approach Gains Momentum: Noomez's Plan Guides Investors Toward Change
- Noomez ($NNZ) emerges as anti-inflation meme coin with 28-stage roadmap to compress supply through burns and capped allocations. - Stage-specific airdrops, 66% APY staking, and 10% referral bonuses create compounding incentives for early participants. - Market shifts toward transparent tokenomics as investors prioritize fixed pricing curves and limited supply over speculative projects. - With 3.1B tokens sold and shrinking allocations, Noomez's structured approach positions it to outperform in inflation-

Bitcoin News Update: SpaceX's Move with Bitcoin Signals Institutional Trust in Long-Term Holding Approaches
- SpaceX transferred 1,163 Bitcoin ($105M) to Coinbase Prime, signaling institutional custody strategy over sell-off. - This follows October's $133.7M BTC transfer, with SpaceX now holding 6,095 BTC ($553M), ranking fourth in private corporate holdings. - Analysts confirm strategic reorganization, citing no liquidation trails and enhanced security focus, contrasting Tesla's static $1.05B BTC stash. - Market reacts cautiously optimistic as institutional Bitcoin management gains traction, with SpaceX's moves

Spirit Blockchain Faces Leadership Challenges as Interim CFO Navigates Regulatory Uncertainty
- Spirit Blockchain filed interim financial reports and MD&A for Q3 2025, with CEO Lewis Bateman serving as interim CFO after Inder Saini's departure. - The blockchain infrastructure firm focuses on recurring revenue through licensing and digital asset support, navigating regulatory risks and market volatility. - A separate SPIR-listed Spire Global faces NYSE delisting risks for missing filings, creating potential investor confusion between the two unrelated companies. - Bateman's dual role may streamline

ZEC drops 20.91% in a week as surging retail activity heats up the futures market
- Zcash (ZEC) rose 0.28% in 24 hours but fell 20.91% weekly amid volatile derivative markets and shifting demand. - Stagnant shielded pool activity, including the Orchard and Sapling pools, signals weakening demand for ZEC's privacy features. - Overheated retail-driven futures markets and declining open interest highlight risks of sharp corrections after historical patterns. - ZEC approaches critical $436 support level, with analysts warning of potential 30% declines if technical indicators break.

