According to @EmberCN, Cango (NYSE: CANG) has accumulated 4,678.9 BTC through self-mining and self-custody, valued at $560 million as reported by the author. source: @EmberCN on X, Aug 15, 2025. The author characterizes Cango as the Eastern MicroStrategy given its continued BTC accumulation and long-term HODL approach. source: @EmberCN on X, Aug 15, 2025. For traders, the report frames CANG as a BTC-treasury equity proxy with balance-sheet exposure to BTC price movements, analogous to MicroStrategy’s positioning as described by the author. source: @EmberCN on X, Aug 15, 2025. This update provides a trading-relevant data point on corporate BTC accumulation and long-term holding by a NYSE-listed company, which traders often track for gauging BTC beta via equities. source: @EmberCN on X, Aug 15, 2025.

According to Farside Investors, CANG appears to have a notably low enterprise value (EV), which could indicate undervaluation in the current market environment. Traders should monitor CANG for potential price movements, as low EV may attract value-oriented investors and increase volatility. This financial metric is essential for evaluating potential upside in equities, especially those with exposure to the broader crypto market or fintech sector, as cited by Farside Investors.

According to Farside Investors, Cango (CANG) has been added to the miner dashboard with a reported monthly production of 650.5 BTC for July 2025, while HUT has been removed due to discontinued monthly reporting. Cango's total Bitcoin holdings now stand at 4,529.7 BTC, positioning the company as a significant BTC holder among public miners. This sizeable production and holding update is likely to influence BTC miner stocks and overall market sentiment, providing important data for traders assessing miner impact on Bitcoin supply and price dynamics. Source: Farside Investors.