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Stock impact report

Cango Inc. Reports Fourth Quarter and Full Year 2025 Unaudited Financial Results

Cango Inc. Class A Ordinary Shares (CANG) 
Last cango inc. class a ordinary shares earnings: 3/23 04:30 pm Check Earnings Report
Company Research Source: PR Newswire
DALLAS, March 16, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, announced its unaudited financial results for the fourth quarter and full year ended December 31, 2025.Financial and Operational HighlightsTotal revenues were $688.1 million for the full year, including US$179.5 million in Q4. Revenue from the bitcoin mining business was US$675.5 million for the year, including US$172.4 million in Q4. Adjusted EBITDA for the year was US$24.5 million, while Q4 recorded an adjusted EBITDA loss of US$156.3 million.A total of 6,594.6 Bitcoins were mined over the year, averaging 18.07 Bitcoins per day, of which 1,718.3 Bitcoins were mined in Q4 (averaging 18.68 Bitcoins per day). The average cost to mine, excluding machine depreciation, was $79,707 per Bitcoin for the year and $84,552 in Q4. All-in costs were $97,272 per Bitcoin for the year and $106,251 in Q4. Since entering the i Show less Read more
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