Cango Inc. is making a strong comeback in the crypto world! 🎉 According to the latest announcement, the company achieved a Bitcoin production of 569.9 coins in December 2024, compared to 363.9 coins in November, marking a 56% increase. This not only demonstrates its strong production capacity but also indicates its steady expansion in the Bitcoin market. 📈

Even more impressive is that Cango's Bitcoin holdings increased to 933.8 coins at the end of the month, and during this period, no Bitcoins were sold, reflecting long-term confidence in the market. Meanwhile, the company's average hash rate reached 30.4 EH/s, with a month-on-month increase of 2%, laying a solid foundation for future mining. ⛏️

This series of actions by Cango stems from a strategic decision last December to purchase mining machines from Bitmain for $256 million, marking its successful transformation into a Bitcoin mining enterprise. 🚀