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Cango (CANG) Bitcoin Treasury Dashboard

Track CANG BTC holdings, mNAV, volume, volatility, price, and treasury analytics.

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Cango (CANG)
🇨🇳
#15
BitcoinQuant
BTC Price
Current price of Bitcoin
$65,915
CANG BTC Holdings
Bitcoins held on balance sheet
₿7,874
CANG mNAV (EV)
Enterprise Value ÷ BTC NAV; premium (>1) or discount (<1)
1.21x
CANG Stock Price
Latest stock price (in USD)
$0.76
CANG % from 52W High
Current price gap from 52-week high
-74%
CANG Enterprise Value
MCap + Debt + Pref - Cash
$625.9M
CANG Market Cap
Equity market value
$263.3M
CANG BTC NAV
Current value of BTC = holdings × BTC price
$519.0M
CANG MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
51%
CANG BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.037%
CANG mNAV (MCap)
Market Cap ÷ BTC NAV; premium (>1) or discount (<1)
0.51x
CANG 1W Return
Feb 20, 2026 ($0.88) → Mar 1, 2026 ($0.76)
-13.61%
CANG 1M Return
Jan 26, 2026 ($1.31) → Mar 1, 2026 ($0.76)
-41.97%
CANG 3M Return
Nov 26, 2025 ($1.46) → Mar 1, 2026 ($0.76)
-47.93%
CANG YTD Return
Dec 31, 2025 ($1.50) → Mar 1, 2026 ($0.76)
-49.32%
CANG 1Y Return
Feb 27, 2025 ($1.68) → Mar 1, 2026 ($0.76)
-54.75%
CANG 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
-33.48 p.p.
CANG 52W High
Highest price in the last 52 weeks (in USD)
$2.88
CANG Basic Shares
Estimated basic shares outstanding
346,350,361
CANG Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
—
CANG Trading Volume ($)
Most recent day's trading volume (VWAP × Volume)
$690.66K
CANG Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP × Volume)
$881.75K
CANG Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$407.5M
CANG Debt/BTC NAV
Debt as a % of BTC NAV
—
CANG BTC Rating
BTC NAV ÷ Total Debt
—
CANG Cash
Total cash and cash equivalents
$44.90M
CANG Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
80.7%
CANG Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
78.8%
CANG Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
—
CANG Open Interest
Outstanding open interest contracts × 100 shares × live share price
—
CANG Put Open Interest
Outstanding put open interest contracts × 100 shares × live share price
—
CANG Call Open Interest
Outstanding call open interest contracts × 100 shares × live share price
—
CANG Put to Call
Ratio of put open interest to call open interest (put OI ÷ call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
—
CANG Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
—
CANG Short Interest (% Float)
% of tradable shares sold short
—
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About Cango's Bitcoin Treasury Strategy

Cango (CANG) ranks #15 globally among Bitcoin treasury companies, with 7,874 Bitcoin in its corporate treasury worth approximately $519.01M at current prices. This represents 0.037% of the total 21 million Bitcoin that will ever exist.

Trading at a stock price of $0.76 per share with a market capitalization of $263.30M, Cango's stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 1.21x. Bitcoin holdings represent 197% of the company's market cap, underscoring Bitcoin's central role in Cango's balance sheet strategy.

Recent stock performance shows -13.61% over the past week, -41.97% over the past month, -49.32% year-to-date, and -54.75% over the past year. Cango currently trades -73.56% from its 52-week high. The stock averages $881.75K in daily trading volume over the past 30 days, with 30-day volatility at 80.7%.

Cango's Bitcoin treasury strategy is led by Paul Yu (CEO).

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Cango (CANG) Bitcoin Treasury Detailed Analysis

Bitcoin Exposure & Holdings

Cango (CANG) currently holds 7,874 Bitcoin in its corporate treasury. This represents 0.037% of the total 21 million Bitcoin that will ever exist.

At a current Bitcoin price of $66,977.00, Cango's Bitcoin holdings are worth approximately $527.38 million, which represents the company's Bitcoin NAV (Net Asset Value).

Cango's total cost basis for its Bitcoin holdings is $0.00, putting the company at a N/A unrealized loss on its Bitcoin position.

Cango held 364 Bitcoin on January 1st, 2024. Since then, Cango has been acquiring an average of 17.71 BTC per day, representing +2063.19% growth in Bitcoin holdings since then.

Valuation Metrics & Market Capitalization

Cango (CANG) stock price currently trades at $0.76 per share.

With a market capitalization of $276.22 million, Cango ranks as a leading Bitcoin treasury company by equity market value.

On an Enterprise Value basis, Cango's mNAV is 1.19x, meaning the market values the company's total capital structure at 1.19x times its underlying Bitcoin holdings.

On a Market Cap basis, Cango's mNAV is 0.50x relative to Bitcoin NAV.

Bitcoin holdings represent 190.9% of Cango's total market capitalization, underscoring Bitcoin's central role in the company's balance sheet strategy.

Cango's Enterprise Value is $625.88 million, calculated as Market Cap plus Debt plus Preferred Stock minus Cash.

Financial Health & Balance Sheet

Cango has total outstanding debt of $407.48 million, representing a debt-to-Bitcoin NAV ratio of 0.77x.

The BTC Rating for Cango is 1.29x (Bitcoin NAV ÷ Total Debt), indicating 1.29x coverage of total debt by Bitcoin holdings.

In cash and cash equivalents, Cango holds $44.90 million.

Cango reported total revenue of $621.63 million.

Trading Volume & Risk Metrics

In the most recent trading session, CANG recorded $690,662.99 thousand in dollar volume.

Over the past 30 days, CANG has averaged $882,760.65 thousand in daily trading volume.

Cango's 30-day historical volatility is 80.7%.

Over the past calendar year, CANG's historical volatility is 78.8%.

Cango's 90-day correlation with IBIT (iShares Bitcoin Trust ETF) is 44.9%, measuring how closely the stock tracks spot Bitcoin exposure.

CANG currently trades -73.56% from its 52-week high.

Bitcoin Strategy Leadership

Cango's Bitcoin treasury strategy is led by Paul Yu (CEO).

Cango Bitcoin Treasury Data & Analysis on BitcoinQuant

The interactive Cango Bitcoin treasury chart above provides a comprehensive visualization of the company's Bitcoin treasury performance over time, allowing investors to track BTC holdings, acquisition rates, and valuation metrics.

All of the data on this page — including Cango's Bitcoin NAV, mNAV, BTC Rating, cost basis, and options activity — is calculated in real time and updated continuously on BitcoinQuant. By analyzing these treasury metrics alongside historical acquisition data and market performance, investors can gain insights into Cango's Bitcoin accumulation strategy and compare it against other Bitcoin treasury companies tracked across the BitcoinQuant platform.

BitcoinQuant tracks the full universe of public companies holding Bitcoin, providing real-time analytics on holdings, valuations, financial health, trading activity, and risk metrics across every Bitcoin treasury stock in the market.

Data as of: 03/01/2026, 9:37 AM ET

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