
金色财经|Sep 04, 2025 22:26
[Cango Q2 Revenue Reaches $140 Million, Bitcoin Mining Accounts for Nearly 99%]
According to Jinse Finance, Cango Inc. released its unaudited financial report for the second quarter of 2025, with total computing power reaching 50 EH/s. Quarterly revenue was approximately $140 million, of which Bitcoin mining contributed $138 million. The company mined 1,404 Bitcoins, with an adjusted EBITDA of $99.1 million, demonstrating strong core business performance. The CEO stated that the company has become one of the world's leading Bitcoin mining enterprises and is expanding its energy and computing power footprint in the United States.
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