Cango Reports $452M Net Loss Despite $688M Revenue in First Full Year of Bitcoin Mining

Cango Inc.’s first full yr as a bitcoin miner delivered $688.1 million in income however ended with a $452.8 million internet loss, pushed largely by non-cash prices tied to tools impairments and bitcoin price-linked accounting changes. Cango Sells Bitcoin to Reduce Debt, Pivots Towards AI Infrastructure in 2026 The New York-listed firm (NYSE: CANG), which […]



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