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Cango prioritizes cost-efficiency, producing 230 BTC in April with upgraded Bitcoin mining fleet.

Market News
08 May 2026
PRNewsWire
Bullish
pluang ai news

Cango Inc. reported its April 2026 operational update, focusing on margin and cost-efficiency by upgrading its mining fleet and decommissioning older equipment. The company produced 230.04 BTC at an average cash cost of $68,061 per coin, maintaining a total operational hashrate of 31.58 EH/s across 26 global sites. Cango continues to prioritize energy efficiency and operational margins over scale, positioning itself for growth in energy and AI infrastructure sectors. The company holds 1,057.46 BTC in its treasury as of April 30, 2026.

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