Cango produced 454.83 Bitcoins in February and plans to use vault funds to support its AI infrastructure transformation.

PANews reported on March 6th that, according to PR Newswire, Cango Inc. (NYSE: CANG) released its February 2026 update on its hashrate and energy business. The company produced 454.83 Bitcoins that month, bringing its total holdings to 3,313.4 Bitcoins as of February 28th. The deployed hashrate at the end of the month was 50 EH/s, with an average monthly operating hashrate of 34.55 EH/s, affected by temporary downtime due to mining rig optimization and migration. Cango updated its Bitcoin asset portfolio strategy, allocating a portion of its Bitcoin for operating expenses and strategic investments to support its transformation from single-source Bitcoin mining to a global AI and high-performance computing infrastructure. This includes renewing custody agreements, upgrading equipment, and disposing of some mining rigs, with funds earmarked for relocating to lower-electricity-cost regions and deploying AI computing facilities.