Cango Inc. Announces May 2026 Operational and Fleet Optimization Update

Cango (NYSE:CANG), a Bitcoin miner building an integrated energy and AI compute platform, released its May 2026 operational update.

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Cango (NYSE:CANG), a Bitcoin miner building an integrated energy and AI compute platform, released its May 2026 operational update.

As of May 31, 2026, total operational hashrate was 31.67 EH/s, May Bitcoin production reached 237.59 BTC, and total holdings were 1,065.11 BTC.

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DALLAS, June 10, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its operational update for May 2026. 

As of May 31, 2026, Cango's total operational hashrate was 31.67 EH/s. The structural composition of the Company's hashrate, alongside its monthly Bitcoin production and treasury holdings, are presented in the tables below: 

Table 1: Operational Hashrate Composition (as of May 31, 2026):

Category	Hashrate (EH/s)
Self-Mining	23.32
Hashrate Leasing	8.35
Total	31.67

Table 2: Bitcoin Production and Treasury Summary (May 2026):

Metric	Value
Total Bitcoin Production	237.59 BTC
Average Daily Production	7.6 BTC
Self-Mining Production Output	236.5 BTC
Total Bitcoin Holdings (as of May 31, 2026)	1,065.11 BTC

About Cango Inc.

Cango Inc. (NYSE: CANG) is a Bitcoin mining company with a vision to establish an integrated, global infrastructure platform capable of powering the future digital economy. The Company's mining operations span across North America, the Middle East, South America, and East Africa.

Since entering the digital asset space in November 2024, Cango has activated pilot projects in both integrated energy solutions and distributed AI computing. In parallel, Cango continues to operate an online international used car export business through AutoCango.com.

For more information, please visit: www.cangoonline.com and follow us on: X and LinkedIn.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words or phrases such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about Cango's beliefs and expectations, are forward-looking statements. These statements are based on Cango's current expectations and assumptions and are not guarantees of future performance. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango's goal and strategies; Cango's expansion plans; Cango's future business development, financial condition and results of operations; Cango's expectations regarding demand for, and market acceptance of, its solutions and services; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango's filings with the SEC. All information provided in this press release is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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SOURCE Cango Inc.

FAQ

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What was Cango (NYSE:CANG) total operational hashrate as of May 31, 2026?

Cango reported a total operational hashrate of 31.67 EH/s as of May 31, 2026. According to Cango, this consisted of 23.32 EH/s from self-mining and 8.35 EH/s from hashrate leasing activities.

How much Bitcoin did Cango (CANG) produce in May 2026?

Cango produced 237.59 BTC in May 2026. According to Cango, this included 236.5 BTC from self-mining operations, with an average daily Bitcoin production rate during the month of 7.6 BTC.

What were Cango (CANG) total Bitcoin holdings on May 31, 2026?

Cango reported total Bitcoin holdings of 1,065.11 BTC as of May 31, 2026. According to Cango, these holdings reflect accumulated production and form part of its broader strategy as a Bitcoin miner and compute platform developer.

How is Cango (NYSE:CANG) operational hashrate structured between self-mining and leasing?

Cango’s 31.67 EH/s operational hashrate is split between 23.32 EH/s self-mining and 8.35 EH/s hashrate leasing. According to Cango, this structure shows both owned capacity and capacity accessed through leasing arrangements.

What was Cango (CANG) average daily Bitcoin production in May 2026?

Cango’s average daily Bitcoin production in May 2026 was 7.6 BTC. According to Cango, this daily average is based on total monthly production of 237.59 BTC, primarily generated from its self-mining operations.

What business focus did Cango (NYSE:CANG) highlight in its May 2026 update?

Cango described itself as a Bitcoin miner building an integrated energy and AI compute platform. According to Cango, it leverages global operations to support both cryptocurrency mining activities and development of this broader compute infrastructure.