Bitcoin mining company Cango releases Q2 financial report, BTC mining accounts for over 98% of revenue

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PANews
09-05
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PANews reported on September 5 that Bitcoin mining company Cango Group released its second quarter 2025 financial report. The report showed that its strategic transformation has achieved remarkable results: total revenue reached US$139.8 million, of which more than 98% came from Bitcoin mining; adjusted EBITDA was US$99.1 million; cash and cash equivalents were US$117.8 million; total mining capacity reached 50 EH/s, and quarterly Bitcoin production was 1,404.4 coins.

According to previous news,Bitcoin mining company Cango mined 153.2 new BTC this week, and its total holdings have reached 5126.8.

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