Cango Inc. added 7.65 BTC to its treasury in May 2026, bringing its total Bitcoin holdings to 1,065.11 BTC.
The great Bitcoin sell-off of 2026
In early February 2026, Cango sold 4,451 BTC for approximately $305 million. The company used the proceeds primarily to repay outstanding debts.
Then in March, another 2,000 BTC went out the door to reduce Bitcoin-backed loans, which brought Cango’s debt down to $30.6 million. After that sale, the company was left holding just 1,025.69 BTC.
The April 30 figure stood at 1,057.46 BTC, meaning the company added roughly 32 BTC between the end of March and end of April before tacking on the 7.65 BTC in May.
