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Mining company Cango's total Bitcoin holdings exceed 7,500 coins, with the stock price falling over 40% in the past year.
CoinVoice latest learns that, according to Theblock, Bitcoin miner Cango Inc. released a mining operation update report on Monday showing that it produced a total of 569 Bitcoins in December, up from 546.7 in November. The daily average output also increased from 18.22 in the previous month to 18.35. As of the end of December, Cango’s total Bitcoin holdings reached 7,528.3.
Stock market data shows that CANG (Cangu) stock price has fallen nearly 44% over the past year. CoinVoice previously learned that Cango received a $10.5 million investment from Enduring Wealth Capital Limited (EWCL).