Cango: Q1 mining yields 1541 bitcoins

According to Golden Finance, Cango, a publicly traded company on the New York Stock Exchange, has released its unaudited financial performance report for the first quarter of 2025, which discloses: 1. The total revenue was 1.1 billion yuan (145.2 million US dollars), of which the Bitcoin mining business generated 144.2 million US dollars in revenue this quarter; 2. The mining output is 1541 bitcoins, with an average mining cost of $70602.1 per bitcoin. 3. As of March 31, 2025, the total balance of cash and cash equivalents and short-term investments was $347.4 million.