DALLAS, Feb. 3, 2026 /PRNewswire/ — Cango Inc. (NYSE: CANG), a Bitcoin miner developing an integrated energy and AI compute platform across global operations, today issued its Bitcoin production and mining operations update for January 2026.
In January, extreme cold and blizzard conditions in key North American regions caused temporary downtime and reduced the Company’s average hash rate. Favorable adjustments to Bitcoin network difficulty partially offset those impacts, and Cango mined nearly 500 BTC during the month.
Paul Yu, CEO and Director of Cango, said, “Extreme cold and blizzards in important North American markets resulted in temporary interruptions and a lower average hash rate in January. Favorable network difficulty changes helped mitigate some of that impact, and we still mined nearly 500 BTC during the month. Beginning February 2026, we will selectively sell a portion of newly mined Bitcoin to support expansion of our inference platform and other near-term growth initiatives. This tactical flexibility will enable us to pursue new business opportunities and manage liquidity more effectively.”
Cango’s mining operations now encompass more than 40 sites across North America, the Middle East, South America and East Africa. Since entering the digital asset sector in November 2024, the Company has launched pilot projects in integrated energy solutions and distributed AI computing while continuing to operate its online international used car export business through AutoCango.com.
For more information, visit: www.cangoonline.com.
Investor Relations Contact
Juliet Ye, Head of Communications
Cango Inc.
Email: [email protected]
Christensen Advisory
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