Cango Inc., a leading Bitcoin mining company, has been included in a newly launched ETF by Bitwise, representing companies holding a minimum of 1,000 Bitcoins.
Cango and Bitwise ETF
Cango Inc. has been included in Bitwise's new ETF, which tracks companies with significant Bitcoin reserves. This highlights the company's achievements in cryptocurrency mining.
Cango's Mining Strategy and Achievements
Since late 2024, Cango transitioned to a capital-light mining model, achieving high productivity and ranking third globally in efficiency.
About Cango
Headquartered in Shanghai, China, Cango Inc. has expanded its cryptocurrency endeavors while continuing car transaction services. It operates strategically across North and South America, the Middle East, and East Africa.
Cango's inclusion in Bitwise's ETF underscores its significant role in the Bitcoin market and confirms its strategic focus on cryptocurrency industry growth.
