Cango cuts March bitcoin cash cost per coin 19.3% to $68,216

Reuters04-08

Cango cuts March bitcoin cash cost per coin 19.3% to $68,216

Cango reported March 2026 operational hashrate of 37.01 EH/s, including 27.98 EH/s self-mining.
Hashrate leasing contributed 9.02 EH/s as Cango shifted toward a lean-production model focused on cash margins.
Average cash cost per bitcoin mined fell to USD 68,215.83 in March, down 19.3% from USD 84,552 in Q4 2025.
Cango sold 2,000 bitcoins in March, using proceeds to retire bitcoin-backed loans.
Bitcoin-backed loan balance totaled USD 30.6 million at March 31, 2026, with treasury holdings of 1,025 bitcoins.

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: 202604080600PR_NEWS_USPR_____CN29514) on April 08, 2026, and is solely responsible for the information contained therein.

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