In the Spotlight
Bitcoin Miner Cango Sells 2,000 BTC, Cuts BTC Production Cost by 19%
Bitcoin mining company Cango said on Wednesday it slashed its Bitcoin production cost to $68,215 per coin, a 19.3% cost reduction compared to the average cash cost of $84,552 per coin reported in the fourth [...]
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Key Takeaways: Cango Inc. sold 6,451 BTC across February and March 2026, generating roughly $442 million to retire bitcoin-backed loans. The sales cut Cango’s outstanding BTC-collateralized debt to $30.6 million and reduced its hashrate to [...]
