Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results
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最新报道：Cango Inc. reported unaudited Q2 2025 results with total revenue of $139.8 million, primarily from Bitcoin mining which generated $138.1 million. The company reached 50 EH/s mining capacity after acquiring 18 EH/s in June, and mined 1,404.4 Bitcoins during the quarter. Adjusted EBITDA was $99.1 million, while net loss included one-off charges from discontinued operations and non-cash impairment. CEO Paul Yu highlighted the company's asset-light strategy and expansion, including a recent 50 MW facility acquisition in Georgia to lower power costs.
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