Cango Inc. reported the production of 454.83 Bitcoins in February 2026, increasing its total Bitcoin holdings to 3,313.4 as of the month's end. The company's deployed hashrate reached 50 EH/s, with an average operating hashrate of 34.55 EH/s, impacted by temporary downtime for mining rig optimization and migration.
Cango is reallocating a portion of its Bitcoin assets to cover operating expenses and strategic investments as it transitions from Bitcoin mining to a global AI and high-performance computing infrastructure. This strategic shift involves renewing custody agreements, upgrading equipment, and relocating to regions with lower electricity costs to deploy AI computing facilities.
Cango Produces 454.83 Bitcoins in February, Shifts Focus to AI Infrastructure
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