Cango Inc. (NYSE: CANG), a publicly-traded Bitcoin mining company, has released its operational update for December 2025. The company reported achieving higher daily Bitcoin production during the month, attributing the success to favorable adjustments in the Bitcoin network's mining difficulty. This allowed Cango to maintain stable operating hashrate levels while increasing output.
The update revealed that Cango's total Bitcoin holdings now stand at 7,528.3 BTC. The company emphasized its long-term holding strategy, stating it does not currently intend to sell any of its Bitcoin.
In a significant development for its capital structure, Cango announced that a major shareholder committed to a $10.5 million investment in late December. This capital infusion is expected to close in January 2026. CEO Paul Yu described the commitment as "a powerful vote of confidence in our strategic roadmap."
Yu stated that the funds will be used to "drive greater Bitcoin mining efficiency, and accelerate the parallel development of our energy and AI compute platform in 2026." The company, which entered the digital asset space in November 2024, operates mining facilities at over 40 sites globally and is actively developing pilot projects in integrated energy and distributed AI computing.
