最新报道:According to Bijie.com, on September 10, Cango (stock code: CANG) received positive reviews from financial analysts at US-based HC Wainwright, who reiterated their Buy rating and raised their target price to $8.00. The firm's latest research report, released on September 2, 2025, highlighted Cango's strategic shift toward Bitcoin mining and its potential long-term growth prospects. The report noted that Cango faced significant challenges in the second quarter of 2025, including a net loss of RMB 2.1 billion due to one-time charges. Cango's financial report reveals that the net loss was primarily due to two one-time accounting adjustments, not actual operating losses. While these adjustments reduced book profits in the short term, they laid a solid foundation for future business expansion. The report further emphasized the company's operational resilience. Excluding these one-time charges, Cango achieved adjusted EBITDA of RMB 710.1 million, with Bitcoin mining accounting for 98.9% of total revenue. HC Wainwright's optimistic outlook is also based on Cango's aggressive expansion into renewable energy and its asset-light model. The company's recent acquisition of a 50-megawatt mining facility in Georgia, USA, is seen as a strategic move to reduce energy costs and enhance scalability. The report also praises Cango's focus on low-cost, clean energy, which aligns with broader ESG trends and potentially generates operational cost savings.