Cango Inc. reported that it produced 454.83 BTC in February 2026 and held 3,313.4 Bitcoins as of Feb. 28. Deployed hashrate was 50 EH/s at month-end, while average operating hashrate for the month was 34.55 EH/s, reflecting temporary downtime tied to fleet optimization and relocation. The company also said it updated its Bitcoin treasury policy to use liquidity for operational expenses and select strategic initiatives, and is taking steps including renegotiating hosting agreements, upgrading equipment, and divesting select rigs to support migration to lower-cost power regions and investment in AI computing infrastructure.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cango Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603060600PR_NEWS_USPR_____CN03220) on March 06, 2026, and is solely responsible for the information contained therein.
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