PANews reported on April 8th that, according to PR Newswire , NYSE-listed Cango Inc. released its Bitcoin mining operations data for March 2026. The company's total hashrate was 37.01 EH/s , of which 27.98 EH/s was self-operated and 9.02 EH/s was leased. The company is prioritizing cash profit margins by shutting down inefficient mining rigs, deploying S21/S21XP mining rigs in high-electricity-price areas, and relocating to areas with lower-cost electricity. The average cost per Bitcoin in cash decreased to $ 68,215.83 in March , a 19.3% decrease from $ 84,552 in Q4 2025. Cango sold 2,000 Bitcoins that month to repay BTC -collateralized loans, reducing the loan balance to $ 30.6 million. Its on-paper Bitcoin holdings were 1,025.69 Bitcoins. Previously, it received $ 65 million in equity investment and $ 10 million in convertible bonds to support its transformation into energy and AI infrastructure.