According to PR Newswire, Bitcoin mining company Cango Inc. released its 2025 financial report, with total annual revenue of $688 million (mining accounted for $675 million), and mined a total of 6594.6 Bitcoin. Affected by mining equipment impairments and other factors, the company posted a net loss from continuing operations of $452 million for the year. Its comprehensive Bitcoin mining cost per coin in 2025 reached $97,272. Cango CEO Paul Yu stated that the company is advancing its transformation toward becoming an AI infrastructure provider.

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