Cango’s relocation to its Georgia facility boosts operational efficiency and creates two distinct sources of revenue

Cango Inc. (NYSE: CANG) has strengthened its foothold in the

mining industry by purchasing a fully operational 50-megawatt (MW) mining site in Georgia, USA, for $19.5 million in cash Cango Buys 50 MW Georgia Bitcoin Mine for $19.5M in Vertical Integration Push [ 3 ]. Announced in August 2025, this deal represents a significant move toward vertical integration, allowing Cango to oversee its own mining infrastructure instead of depending on external hosting providers Cango Bets on Bitcoin with Major Mining Acquisition in Georgia [ 2 ]. The facility, which previously hosted Cango’s mining equipment through third-party agreements, will now dedicate 30 MW to Cango’s own mining and 20 MW to hosting services for other clients Cango Inc. Announces August 2025 Bitcoin Production and Mining Operations Update [ 1 ]. This blended approach is designed to broaden income sources and improve operational performance by giving Cango direct oversight of energy use, hardware, and logistics Cango Bets on Bitcoin with Major Mining Acquisition in Georgia [ 2 ].

This acquisition fits into Cango’s larger growth plan, which includes deploying 50 exahash per second (EH/s) of mining power as of August 2025. In that month alone, the company mined 663.7

, bringing its total Bitcoin reserves to 5,193.4 by the end of August Cango Inc. Announces August 2025 Bitcoin Production and Mining Operations Update [ 1 ]. CEO Paul Yu noted that the Georgia purchase enhances Cango’s international operations across North America, the Middle East, South America, and East Africa, helping the company manage risks related to regulations, energy costs, and local electricity supply Cango Inc. Announces August 2025 Bitcoin Production and Mining Operations Update [ 1 ]. The site also aligns with Cango’s long-term goal to expand into high-performance computing (HPC) fields beyond Bitcoin mining, such as artificial intelligence and industrial rendering Cango Bets on Bitcoin with Major Mining Acquisition in Georgia [ 2 ].

Cango’s latest move highlights a broader industry trend toward decentralizing Bitcoin mining operations. By owning and running its own facilities, Cango lessens its reliance on third-party hosts and gains the flexibility to respond to changing market conditions. The Georgia facility, which includes on-site accommodations and support infrastructure, ensures a smooth shift to self-management Cango Buys 50 MW Georgia Bitcoin Mine for $19.5M in Vertical Integration Push [ 3 ]. Experts suggest that dedicating 30 MW to self-mining could increase Cango’s effective hashrate, while the 20 MW reserved for hosting allows the company to attract external miners looking for affordable infrastructure Cango Bets on Bitcoin with Major Mining Acquisition in Georgia [ 2 ].

The company’s significant investment signals its belief in the sector’s long-term strength. With the recent addition of 18 EH/s of on-rack capacity and the Georgia facility, Cango’s total deployed hashrate now stands at 50 EH/s Cango Buys 50 MW Georgia Bitcoin Mine for $19.5M in Vertical Integration Push [ 3 ]. This growth is part of a series of targeted investments aimed at boosting competitiveness, including upgrading older mining equipment and improving overall fleet efficiency Cango Inc. Announces August 2025 Bitcoin Production and Mining Operations Update [ 1 ]. The Georgia acquisition also reflects a wider industry movement toward more energy-efficient operations, as the U.S. market provides access to affordable electricity and regulatory stability Cango Bets on Bitcoin with Major Mining Acquisition in Georgia [ 2 ].

Cango’s strategy to balance Bitcoin mining with future HPC ventures demonstrates its intent to diversify income streams beyond cryptocurrency. The company has previously outlined plans to use its infrastructure for advanced computing, which could help shield it from fluctuations in Bitcoin prices Cango Bets on Bitcoin with Major Mining Acquisition in Georgia [ 2 ]. With the Georgia facility now active,

is well-placed to take advantage of new opportunities in energy management and AI technology, further reinforcing its presence in the evolving digital asset landscape Cango Inc. Announces August 2025 Bitcoin Production and Mining Operations Update [ 1 ].