PANews|3月 06, 2026 11:16
Cango produced 454.83 bitcoins in February and plans to use treasury funds to support AI infrastructure transformation
According to PR Newswire, Cango Inc. (NYSE: CANG) has released its Computing and Energy Business Update for February 2026. The company produced 454.83 bitcoins in the current month and held a total of 3313.4 bitcoins as of February 28th; At the end of the month, the deployed computing power was 50 EH/s, and the average running computing power for the month was 34.55 EH/s. This was due to temporary downtime caused by mining machine optimization and migration. Cango updates its Bitcoin asset library strategy, allocating a portion of Bitcoin for operational expenses and strategic investments to support the transition from single Bitcoin mining to global AI and high-performance computing infrastructure. By re signing custody agreements, upgrading equipment, and disposing of some mining machines, the funds will be used to relocate to low electricity regions and lay out AI computing facilities.
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