Cango Releases Bitcoin Mining Update for January 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
0mins
Should l Buy CANG?
Source: PRnewswire
- Bitcoin Production Decline: In January 2026, Cango produced 496.35 Bitcoins, down from 569 in December 2025, reflecting the impact of extreme weather on operations while demonstrating the company's ability to maintain relatively stable output in adversity.
- Average Daily Production: The average daily Bitcoin production in January was 16.0, a decrease from 18.35 in December; however, Cango managed to mitigate operational challenges through network difficulty adjustments, ensuring continued production capacity.
- Holding and Sales Overview: By the end of January, Cango held 7,474.67 Bitcoins, slightly down from 7,528.3 the previous month, while selling 550 Bitcoins indicates the company's flexibility in managing liquidity to support its expansion plans.
- Hashrate Stability: Despite a drop in average operational hashrate to 37.02 EH/s from 43.36 EH/s in December, Cango maintained a total hashrate of 50 EH/s, showcasing its resilience and adaptability under extreme weather conditions.
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Analyst Views on CANG
Wall Street analysts forecast CANG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CANG is 3.50 USD with a low forecast of 3.00 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.976
Low
3.00
Averages
3.50
High
4.00
Current: 0.976
Low
3.00
Averages
3.50
High
4.00
About CANG
Cango Inc is a holding company principally engaged in the crypto mining business. The Company primarily operates through two segments. The Bitcoin Mining Business segment is principally engaged in crypto mining operation. The Company is rewarded with bitcoins from mining pools in exchange for the hash calculation to the mining pool operators. The Company has deployed its mining operation across strategic locations including North America, Africa and Asia. The Automobile and Related Business segment is engaged in the operation of an online international used car export business through AutoCango.com to provide pre-sale automobile trading solutions and post-sale after-market services facilitation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cango Releases Bitcoin Mining Update for January 2026
- Bitcoin Production Decline: In January 2026, Cango produced 496.35 Bitcoins, down from 569 in December 2025, reflecting the impact of extreme weather on operations while demonstrating the company's ability to maintain relatively stable output in adversity.
- Average Daily Production: The average daily Bitcoin production in January was 16.0, a decrease from 18.35 in December; however, Cango managed to mitigate operational challenges through network difficulty adjustments, ensuring continued production capacity.
- Holding and Sales Overview: By the end of January, Cango held 7,474.67 Bitcoins, slightly down from 7,528.3 the previous month, while selling 550 Bitcoins indicates the company's flexibility in managing liquidity to support its expansion plans.
- Hashrate Stability: Despite a drop in average operational hashrate to 37.02 EH/s from 43.36 EH/s in December, Cango maintained a total hashrate of 50 EH/s, showcasing its resilience and adaptability under extreme weather conditions.
See More
Cango Inc. Releases Bitcoin Production Update for January 2026
- Bitcoin Production Update: In January 2026, Cango Inc. produced 496.3 Bitcoins, a decrease from 569 in December 2025, primarily due to operational disruptions caused by extreme weather, although adjustments in network difficulty partially mitigated this impact.
- Average Daily Production: The average daily Bitcoin production in January was 16.0, down from 18.35 in the previous month, reflecting production challenges under adverse weather conditions that affected overall efficiency.
- Holding and Sales Figures: As of the end of January, Cango held 7,474.6 Bitcoins and sold 550 in January, indicating the company's strategic flexibility in maintaining liquidity to support its growth initiatives.
- Future Development Strategy: Cango plans to selectively sell newly mined Bitcoins to support the expansion of its inference platform and other short-term growth initiatives, aiming to seize new business opportunities and manage liquidity more adeptly.
See More
Cango Releases Bitcoin Production Report for January 2026
- Bitcoin Production Overview: In January 2026, Cango produced 496.35 bitcoins, a decrease from 569 in December 2025, primarily due to downtime caused by extreme weather in North America; however, the company maintained a relatively stable production level despite these challenges.
- Increased Daily Production: The average daily bitcoin production in January was 16.0, up from 18.35 in December, indicating that the company is optimizing production efficiency even in adverse conditions, thereby enhancing its market competitiveness.
- Bitcoin Holdings and Sales: By the end of January, Cango held a total of 7,474.67 bitcoins and sold 550 in January, reflecting the company's proactive asset management to support future growth strategies.
- Flexible Sales Strategy: Cango plans to selectively sell newly mined bitcoins to support its inference platform expansion and other short-term growth initiatives, which will help the company seize new business opportunities and improve liquidity management.
See More
Cango Inc. Updates Bitcoin Production for January 2026
- Bitcoin Production Update: In January 2026, Cango Inc. produced 496.35 Bitcoin, a significant increase from 69 in December 2025, demonstrating the company's resilience and production capacity despite extreme weather conditions.
- Average Daily Output: The average daily Bitcoin production in January was 16.0, a decrease from 18.35 in December, reflecting the impact of adverse weather in North America while still maintaining a high output level.
- Operational Challenges and Responses: Despite facing temporary downtime due to extreme cold and snowstorms, Cango partially mitigated these issues through favorable network difficulty adjustments, ensuring nearly 500 Bitcoin mined during the month.
- Strategic Flexibility: Cango plans to selectively sell a portion of the recently mined Bitcoin to support the expansion of its AI inference platform and other short-term growth initiatives, showcasing the company's agility in seizing market opportunities and managing liquidity.
See More
Cango Releases January 2026 Bitcoin Production Update
- Bitcoin Production Volume: In January 2026, Cango produced 496.35 Bitcoins, a significant increase from 69 in December 2025, demonstrating the company's resilience and enhanced production capabilities despite extreme weather conditions.
- Average Daily Production: The average daily production was 16.01 Bitcoins, slightly down from 18.35 in December, reflecting the short-term impact of adverse weather in North America, yet maintaining a high overall production level.
- Total Bitcoin Holdings: As of the end of January, the company held 7,474.67 Bitcoins, a slight decrease from 7,528.3 in the previous month, indicating active asset management to support future growth strategies.
- Flexible Sales Strategy: Cango plans to selectively sell newly mined Bitcoins to support the expansion of its inference platform and other short-term growth initiatives, enhancing the company's market adaptability and liquidity management.
See More
Cango's Bitcoin Production Declines in January 2026
- Decline in Bitcoin Production: Cango produced 496.35 Bitcoins in January 2026, a decrease of 12.77% from 569.0 in December 2025, indicating challenges in Bitcoin mining that could impact future revenues and market competitiveness.
- Reduced Daily Output: The average daily Bitcoin production fell to 16.01 in January from 18.35 in December, a drop of 12.74%, reflecting a decline in production efficiency that may raise investor concerns about profitability.
- Hashrate Decrease: Cango's average operating hashrate dropped to 37.02 EH/s in January from 43.36 EH/s in December, a decline of 14.6%, which could further limit its Bitcoin production capacity and affect overall performance.
- Investor Attention: With the dual decline in Bitcoin production and hashrate, Cango may need to implement measures to restore production efficiency to maintain investor confidence and secure its position in the cryptocurrency market.
See More
Cango Releases Bitcoin Mining Update for January 2026
- Bitcoin Production Decline: In January 2026, Cango produced 496.35 Bitcoins, down from 569 in December 2025, reflecting the impact of extreme weather on operations while demonstrating the company's ability to maintain relatively stable output in adversity.
- Average Daily Production: The average daily Bitcoin production in January was 16.0, a decrease from 18.35 in December; however, Cango managed to mitigate operational challenges through network difficulty adjustments, ensuring continued production capacity.
- Holding and Sales Overview: By the end of January, Cango held 7,474.67 Bitcoins, slightly down from 7,528.3 the previous month, while selling 550 Bitcoins indicates the company's flexibility in managing liquidity to support its expansion plans.
- Hashrate Stability: Despite a drop in average operational hashrate to 37.02 EH/s from 43.36 EH/s in December, Cango maintained a total hashrate of 50 EH/s, showcasing its resilience and adaptability under extreme weather conditions.
See More
Cango Inc. Releases Bitcoin Production Update for January 2026
- Bitcoin Production Update: In January 2026, Cango Inc. produced 496.3 Bitcoins, a decrease from 569 in December 2025, primarily due to operational disruptions caused by extreme weather, although adjustments in network difficulty partially mitigated this impact.
- Average Daily Production: The average daily Bitcoin production in January was 16.0, down from 18.35 in the previous month, reflecting production challenges under adverse weather conditions that affected overall efficiency.
- Holding and Sales Figures: As of the end of January, Cango held 7,474.6 Bitcoins and sold 550 in January, indicating the company's strategic flexibility in maintaining liquidity to support its growth initiatives.
- Future Development Strategy: Cango plans to selectively sell newly mined Bitcoins to support the expansion of its inference platform and other short-term growth initiatives, aiming to seize new business opportunities and manage liquidity more adeptly.
See More
Cango Releases Bitcoin Production Report for January 2026
- Bitcoin Production Overview: In January 2026, Cango produced 496.35 bitcoins, a decrease from 569 in December 2025, primarily due to downtime caused by extreme weather in North America; however, the company maintained a relatively stable production level despite these challenges.
- Increased Daily Production: The average daily bitcoin production in January was 16.0, up from 18.35 in December, indicating that the company is optimizing production efficiency even in adverse conditions, thereby enhancing its market competitiveness.
- Bitcoin Holdings and Sales: By the end of January, Cango held a total of 7,474.67 bitcoins and sold 550 in January, reflecting the company's proactive asset management to support future growth strategies.
- Flexible Sales Strategy: Cango plans to selectively sell newly mined bitcoins to support its inference platform expansion and other short-term growth initiatives, which will help the company seize new business opportunities and improve liquidity management.
See More
Cango Inc. Updates Bitcoin Production for January 2026
- Bitcoin Production Update: In January 2026, Cango Inc. produced 496.35 Bitcoin, a significant increase from 69 in December 2025, demonstrating the company's resilience and production capacity despite extreme weather conditions.
- Average Daily Output: The average daily Bitcoin production in January was 16.0, a decrease from 18.35 in December, reflecting the impact of adverse weather in North America while still maintaining a high output level.
- Operational Challenges and Responses: Despite facing temporary downtime due to extreme cold and snowstorms, Cango partially mitigated these issues through favorable network difficulty adjustments, ensuring nearly 500 Bitcoin mined during the month.
- Strategic Flexibility: Cango plans to selectively sell a portion of the recently mined Bitcoin to support the expansion of its AI inference platform and other short-term growth initiatives, showcasing the company's agility in seizing market opportunities and managing liquidity.
See More
Cango Releases January 2026 Bitcoin Production Update
- Bitcoin Production Volume: In January 2026, Cango produced 496.35 Bitcoins, a significant increase from 69 in December 2025, demonstrating the company's resilience and enhanced production capabilities despite extreme weather conditions.
- Average Daily Production: The average daily production was 16.01 Bitcoins, slightly down from 18.35 in December, reflecting the short-term impact of adverse weather in North America, yet maintaining a high overall production level.
- Total Bitcoin Holdings: As of the end of January, the company held 7,474.67 Bitcoins, a slight decrease from 7,528.3 in the previous month, indicating active asset management to support future growth strategies.
- Flexible Sales Strategy: Cango plans to selectively sell newly mined Bitcoins to support the expansion of its inference platform and other short-term growth initiatives, enhancing the company's market adaptability and liquidity management.
See More
Cango's Bitcoin Production Declines in January 2026
- Decline in Bitcoin Production: Cango produced 496.35 Bitcoins in January 2026, a decrease of 12.77% from 569.0 in December 2025, indicating challenges in Bitcoin mining that could impact future revenues and market competitiveness.
- Reduced Daily Output: The average daily Bitcoin production fell to 16.01 in January from 18.35 in December, a drop of 12.74%, reflecting a decline in production efficiency that may raise investor concerns about profitability.
- Hashrate Decrease: Cango's average operating hashrate dropped to 37.02 EH/s in January from 43.36 EH/s in December, a decline of 14.6%, which could further limit its Bitcoin production capacity and affect overall performance.
- Investor Attention: With the dual decline in Bitcoin production and hashrate, Cango may need to implement measures to restore production efficiency to maintain investor confidence and secure its position in the cryptocurrency market.
See More
