The company made almost $137 million in March by selling 2,000 Bitcoin. The money was utilised to lower its debt, which is indicative of a larger trend in the mining industry toward financial restraint.
Simultaneously, Cango cut its production cost per Bitcoin to roughly $68,215, a nearly 20% decrease from late 2025. The corporation attributes this improvement to a margin-focused, leaner operational style.
This strategy is implemented at a time when funding conditions are tight and Bitcoin values are still erratic. Miners like Cango are putting stability and cost control ahead of ambitious expansion.
The company still owns more than 1,000 Bitcoin and is one of the leading miners in the world based on hashrate.
Similar patterns can be seen throughout the industry. While some firms continue to amass Bitcoin despite short-term losses, others are selling it to bolster their balance sheets.
Survival in a shifting market may depend more on prudent financial management than on size.
Source: X.com
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