PANews reported on December 2nd that Cango (NYSE: CANG) reported Q3 2025 revenue of $225 million, with Bitcoin mining accounting for 98.4% of the total. Net profit was $37.3 million, and adjusted EBITDA reached $80.1 million. A total of 1930.8 BTC were mined during the quarter, with a total cost of approximately $99,400 per BTC. As of the end of September, the company had produced a cumulative total of 5810 BTC. Cango also announced plans to expand from Bitcoin mining to a global green AI computing network, with energy projects already launched in Oman and Indonesia.PANews reported on December 2nd that Cango (NYSE: CANG) reported Q3 2025 revenue of $225 million, with Bitcoin mining accounting for 98.4% of the total. Net profit was $37.3 million, and adjusted EBITDA reached $80.1 million. A total of 1930.8 BTC were mined during the quarter, with a total cost of approximately $99,400 per BTC. As of the end of September, the company had produced a cumulative total of 5810 BTC. Cango also announced plans to expand from Bitcoin mining to a global green AI computing network, with energy projects already launched in Oman and Indonesia.
Cango reported Q3 revenue of $225 million and mined a total of 1930.8 BTC during the quarter.
PANews reported on December 2nd that Cango (NYSE: CANG) reported Q3 2025 revenue of $225 million, with Bitcoin mining accounting for 98.4% of the total. Net profit was $37.3 million, and adjusted EBITDA reached $80.1 million. A total of 1930.8 BTC were mined during the quarter, with a total cost of approximately $99,400 per BTC. As of the end of September, the company had produced a cumulative total of 5810 BTC. Cango also announced plans to expand from Bitcoin mining to a global green AI computing network, with energy projects already launched in Oman and Indonesia.
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