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Cango sells 2,000 BTC, cuts Bitcoin production cost by 19% in March

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Cango sells 2,000 BTC, cuts Bitcoin production cost by 19% in March

3.65%TRX$0.317 0.26%LINK$8.77 5.15%ADA$0.2496 5.09%BCH$441.67 0.38%XRP$1.33 3.73%ETH$2,184 2.52%BTC$71,042 0.92%XMR$326.32 3.90%BNB$600.68 2.52%XLM$0.1561 5.32%SOL$82.26 2.23%HYPE$38.66 1.01%USD Written by Zoltan Vardai,Staff WriterReviewed by Bryan O'Shea,Staff EditorCango sells 2,000 BTC, cuts Bitcoin production cost by 19% in March16 hours agoBitcoin miner Cango said it sold 2,000 BTC to pay off debt and cut its BTC production cost by 19% as part of its strategic pivot to energy and AI infrastructure. Bitcoin mining company Cango said on Wednesday it slashed its Bitcoin production cost to $68,215 per coin, a 19.3% cost reduction compared to the average cash cost of $84,552 per coin reported in the fourth quarter of 2025. The company attributed the reduction to its shift toward a “lean-production model” that prioritizes margin resilience over raw scale, according to its monthly operati

Source: https://cointelegraph.com/news/cango-sells-2-000-btc-cuts-bitcoin-production-cost?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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