BlockBeats News, July 1st, according to the Associated Press, Cango, one of the world's largest mining companies, disclosed its cryptocurrency mining business data as of June 2025. In June, they mined 450 BTC, a decrease from the previous month's 484.5 BTC, with a total Bitcoin holdings reaching 3,879.2 BTC.
On June 27th, Cango announced the completion of the acquisition of 18 EH/s of Bitcoin hashrate from Antalpha, an affiliate of Bitmain. With this acquisition, their total hashrate surpassed 50 EH/s, making them the third publicly listed mining company to reach this scale after MARA and CleanSpark.