Cango Stock Surges on Increased Bitcoin Holdings & Hashrate 🚀
Cango shares rose Thursday after the company announced growth in its Bitcoin holdings and mining hash rate, signaling a bullish outlook in its crypto operations.
About this video
Cango shares continued to climb Thursday following a recent update on its Bitcoin mining operations, according to Benzinga. The company reported producing 450 Bitcoin in June, a slight decline from 484.5 in May, with average daily production down to 15 from 15.63 Bitcoin. Cango's total Bitcoin holdings grew to 3,879.2 by the end of June as the company refrained from selling any Bitcoin during the month. The bitcoin mining business maintained a hashrate of between 29 and 32 exahashes per second in June. It increased its total capacity to 50 exahashes per second after acquiring additional mining machines on June 27.
3.8
3 user reviews
Write a Review
User Reviews
0 reviewsBe the first to comment...
Video Information
Views
3.9K
Total views since publication
Duration
0:41
Video length
Published
Jul 3, 2025
Release date
About the Channel
Related Trending Topics
LIVE TRENDSThis video may be related to current global trending topics. Click any trend to explore more videos about what's hot right now!
THIS VIDEO IS TRENDING!
This video is currently trending in South Korea under the topic 'a'.
Share This Video
SOCIAL SHAREShare this video with your friends and followers across all major social platforms including X (Twitter), Facebook, Youtube, Pinterest, VKontakte, and Odnoklassniki. Help spread the word about great content!