Cango cuts bitcoin mining cash cost 19.3% to USD 68,216 per coin in March

Reuters04-09

Cango cuts bitcoin mining cash cost 19.3% to USD 68,216 per coin in March

Cango reported March 2026 operational hashrate of 37.01 EH/s, including 27.98 EH/s from self-mining.
Hashrate-leasing capacity totaled 9.02 EH/s as focus shifted to cash margins over scale growth.
Average cash cost per coin was USD 68,215.83 in March, down 19.3% from USD 84,552 in Q4 2025.
Cango sold 2,000 Bitcoin in March to repay Bitcoin-backed loans.
Bitcoin-backed loan balance was USD 30.6 million at March 31, 2026; treasury held 1,025 Bitcoin.

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: 202604090650PR_NEWS_EUPR__NL_NL29519) on April 09, 2026, and is solely responsible for the information contained therein.

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