Cango

Cango

2026-07-24 04:35:15

Cango Closes $10.5 Million Investment and Secures Another $65 Million in Equity Commitments

Cango said it has closed a $10.5 million equity investment from EWCL and signed definitive agreements for another $65 million from entities controlled by Chairman Xin Jin and director Chang-Wei Chiu.

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Cango

2026-07-23 22:40:15

Cango Reports November Bitcoin Mining Update With 6,959.3 BTC Held

Cango said its deployed hashrate expanded from 32 EH/s to 50 EH/s earlier in 2025, average operating hashrate ran at around 90%, and Bitcoin holdings reached 6,959.3 BTC at the end of November.

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Cango

2026-07-23 22:20:16

Cango March Update: Hashrate at 37 EH/s, Bitcoin Treasury Drops to 1,025 BTC After Selling 2,000 BTC

Bitcoin miner Cango reported March 2026 operations: total hashrate 37.01 EH/s, cash cost per coin at $68,215.83 (down 19.3% from Q4 2025). It sold 2,000 BTC to repay loans, trimming treasury to 1,025.69 BTC. The company is pivoting toward energy and AI infrastructure.

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Cango

2026-07-23 20:00:16

Cango Posts $688.1 Million 2025 Revenue as Q4 Adjusted EBITDA Turns Negative

Cango reported unaudited 2025 results with $688.1 million in annual revenue, driven mainly by bitcoin mining. The company mined 6,594.6 BTC during the year, while fourth-quarter adjusted EBITDA fell to a $156.3 million loss.

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Bitcoin minin

2026-07-23 10:30:15

Cango Secures $10.5M from EWCL, Voting Power Nears 50%

Bitcoin miner Cango Inc. announced a $10.5 million investment from EWCL at $1.50 per Class B share. Post-transaction, EWCL's voting power jumps from 36.68% to 49.61%. Funds will boost mining ops and energy/AI compute expansion.

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Cango

2026-07-23 07:55:15

Cango Hits 50 EH/s Bitcoin Mining Capacity, Holds Over 6,400 BTC in One-Year Transformation

Cango Inc. released a shareholder letter marking one year since pivoting to Bitcoin mining. It achieved 50 EH/s hash rate, $139.8M Q2 revenue, and over 6,400 BTC holdings, with plans to expand into energy and HPC.

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Cango

2026-07-23 07:05:14

Cango Reports December 2025 Bitcoin Mining Update, Holdings Reach 7,528.3 BTC

Cango said its December 2025 mining operations benefited from favorable network difficulty adjustments, helping lift total Bitcoin holdings to 7,528.3 BTC. The company also disclosed a planned $10.5 million investment from a major shareholder.

1770

Cango

2026-07-23 06:15:16

Cango Posts $224.6 Million in Q3 Revenue as Bitcoin Mining Brings in $220.9 Million

Cango reported unaudited Q3 2025 results with $224.6 million in revenue, $37.3 million in net income, and 1,930.8 BTC mined during the quarter.

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