Cango: Mined 602.6 bitcoins in October, plans to go public directly on the New York Stock Exchange in November

Foresight News reports that crypto mining company Cango has released its Bitcoin production and mining operations update for October 2025. In October 2025, the company mined a total of 602.6 Bitcoins, with an average daily output of 19.44 coins, compared to 616.6 coins and a daily average of 20.55 coins in September 2025. By the end of October, Cango's total Bitcoin holdings reached 6,412.6 coins, an increase from 5,810 coins at the end of September. The company deployed a hashrate of 50 EH/s, with an average operational hashrate of 46.09 EH/s, up from 44.85 EH/s in the previous month. Cango stated that it does not plan to sell its Bitcoin holdings in the future and announced the termination of its ADR program in October, with plans to list directly on the New York Stock Exchange in November to further strengthen its commitment as a US-centric organization.