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Stock impact report

Cango Inc. Announces December 2024 Production Update for Crypto Mining Business

Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares (CANG) 
Last cango inc. american depositary shares, each representing two (2) class a ordinary shares earnings: 3/23 04:30 pm Check Earnings Report
Company Research Source: PR Newswire
SHANGHAI, Jan. 2, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its production update for crypto mining business in December 2024.Bitcoin Mining Update for December 2024MetricsDec 2024 1Nov 2024 1Number of Bitcoins produced569.9363.9Average number of Bitcoins produced per day18.418.9Total number of Bitcoins held 2933.8363.9Total number of Bitcoins sold 2--Deployed hashrate 232 EH/s32 EH/sAverage operating hashrate 330.4 EH/s29.8 EH/s1. Unaudited, estimated.2. As of month-end.3. Average over the month.About Cango Inc.Cango Inc. (NYSE: CANG) is a leading automotive transaction service platform in China, connecting car buyers, dealers, financial institutions, and other industry participants. Founded in 2010 by a group of pioneers in China's automotive finance industry, the Company is headquartered in Shanghai and has a nationwide network. Leveraging its competitive advantages in technol Show less Read more
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