Key Insights:
Recent Bitcoin mining news indicates that BTC miner Cango sold 2,000 BTC (~$137M) in March to reduce Bitcoin-backed debt.
Production costs dropped 19% to ~$68,215 per BTC after shifting to a leaner model.
This strategy focuses on margin resilience and coping with Bitcoin price volatility.
The company is deleveraging while pivoting toward energy and AI infrastructure.
The latest Bitcoin mining news indicates that mining firm Cango said on Wednesday that it sold 2,000 Bitcoin in March to reduce debt and improve efficiency in its mining business. The move is part of the company’s transition toward energy and AI infrastructure.
That strategy also helped lower its Bitcoin production cost. Cango said the cost fell to $68,215 per coin, down 19.3% from the fourth-quarter 2025 average cash cost of $84,552 per coin.
According to its monthly operations report, Cango said the lower cost came from running a leaner mining operation. Rather than focusing solely on growt
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