Cango Inc
BTC Holdings
5708.3
Total P&L
+3,982.09%
Total profit/loss on Bitcoin holdings
Average Cost per BTC
$2,822
Average price paid for each Bitcoin
Enterprise Value
$2,000M
Market cap plus debt minus cash
About Cango Inc
Cango Inc., listed on the NYSE with the ticker CANG, is a leading automotive transaction service platform headquartered in Shanghai, China. Founded in 2010, Cango initially focused on streamlining automotive financing for dealers and consumers in China’s vast auto market. Its core operations include providing digital solutions for auto financing, after-market services, and transaction facilitation, leveraging data-driven technology to connect dealers, financial institutions, and buyers in an efficient ecosystem.
Cango incorporates Bitcoin into its treasury strategy, holding it as a reserve asset to diversify its financial portfolio and hedge against inflation, reflecting a strategic embrace of digital assets. Beyond Bitcoin, the company explores broader digital asset strategies, integrating blockchain technology to enhance transparency in automotive transactions and supply chain financing. These initiatives aim to modernize its platform and align with the growing adoption of decentralized finance in global markets.
Under the leadership of CEO Jiayuan Lin, a veteran in automotive and fintech, Cango maintains a strong industry presence through its extensive network of auto dealers and partnerships with major financial institutions. Its commitment to innovation, blending automotive services with blockchain solutions, positions Cango as a forward-thinking player in both industries. By adopting digital assets and advancing its technology platform, Cango ensures long-term relevance in the evolving landscape of automotive finance and digital economy.
Recent Developments
- Sep 26, 2025: Bitcoin holdings increased by 141.00 BTC to 5708.3 BTC with cost basis of $622.4M
- Sep 19, 2025: Bitcoin holdings increased by 149.10 BTC to 5567.3 BTC with cost basis of $652M
- Sep 12, 2025: Bitcoin holdings increased by 141.10 BTC to 5418.2 BTC with cost basis of $626M
- Sep 4, 2025: Bitcoin holdings increased by 150.30 BTC to 5277.1 BTC with cost basis of $589.7M
- Aug 29, 2025: Bitcoin holdings increased by 447.90 BTC to 5126.8 BTC with cost basis of $577.1M
Cango Inc — Bitcoin Holdings Over Time
1y - Present
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Cango Inc — Stock vs BTC Dynamics
1y - Present
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Balance Sheet History