Leaderboard / Mining / China
Cango Inc (CANG) bitcoin per share
Cango Inc is a bitcoin miner, and miner treasuries behave differently from buy-and-hold balance sheets. Coins arrive as production and leave as funding for power, hardware and, increasingly, AI data center buildouts, so the per-share figure drifts month to month rather than moving in discrete purchase announcements. Listed on NYSE and based in China, it holds 1,026 BTC against 41,020,000 shares outstanding, which works out to 2,501.22 satoshis per share. That puts it at rank 34 of 81 on the bitcoinps.com leaderboard, in the upper half of listed corporate holders on a per-share basis.
The math
The calculation is deliberately simple: 1,026 BTC (as of August 3, 2026) divided by 41,020,000 basic shares (as of August 3, 2026) gives 0.00002501 BTC per share. Put another way, you would need roughly 39,981 shares to hold one full bitcoin through this stock. We rate this row medium confidence: at least one input leans on aggregator data or a derived figure rather than a filing, so treat the last digit or two as soft.
Holdings context
The recent direction of travel is down. Disclosures show the company reducing its bitcoin position, so expect the per-share figure to erode between updates rather than compound.
What would change this number
- New share issuance. Any capital raise, ATM program or convertible conversion grows the share count and mechanically lowers BTC per share unless matching coins are added. This row has no heavy-issuer flag today, but that can change with a single financing announcement.
- Production and treasury sales. As a miner, the company adds coins through block rewards and routinely sells production to fund operations and capital spending. The balance between mined and sold bitcoin sets the monthly drift in this figure, independent of any financing activity.
- Split mechanics. A reverse stock split has already reshaped this share count. Splits change BTC per share mechanically without changing economic exposure: a 1-for-10 reverse split multiplies the per-share figure tenfold while leaving each investor's total sats untouched. Always check the split history before comparing this row across time.
- Share class structure. The share count here spans multiple share classes or an ADS structure, and data aggregators frequently report only the listed class. We use the total economic share count where we can verify it; the methodology page explains how, and the confidence rating reflects any remaining doubt.
Quick reference: at the current figure, roughly 39,981 shares of CANG represent one full bitcoin.
Sources
- https://stockanalysis.com/stocks/cang/statistics/
- https://www.coindesk.com/markets/2026/02/09/bitcoin-miner-cango-sells-usd305-million-of-btc-during-market-slump-to-fund-ai-shift
- https://www.prnewswire.com/news-releases/cango-inc-announces-effective-date-and-ratio-for-share-consolidation-302822530.html
Listed on NYSE. Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.