Cango Reports $452M Net Loss Despite $688M Revenue in First Full Year of Bitcoin Mining
Cango Inc.’s first full year as a bitcoin miner delivered $688.1 million in revenue but ended with a $452.8 million...
Cango
Cango Closes $10.5 Million Investment, Secures $65 Million in New Equity Commitments
Bitcoin mining company Cango Inc. said Feb. 12 it closed a previously announced $10.5 million equity investment from Enduring Wealth...
Cango Inc. Closed the US$10.5 Million Equity Investment and Secured US$65 Million Additional Equity Investments
DALLAS, Feb. 12, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its...
Cango Sells 4,451 BTC as Miner Selling Adds Pressure to Bitcoin in 2026
Cango Inc. sold 4,451 bitcoin over the weekend as miners across the sector face mounting pressure from low prices, thin...
Bitcoin Miner Cango Sells Millions in Bitcoin to Cut Debt and Fund AI Expansion
Cango (CANG) said it sold 4,451 Bitcoin over the weekend for net proceeds of about $305 million as the company...
Bitcoin Miner Cango Sells 4,451 BTC Worth $305M to Fund AI Pivot
Bitcoin miner Cango Inc. (NYSE: CANG) sold 4,451 BTC on the open market for approximately $305 million in USDT. The...
Cango Inc. Releases 2025 Letter to Shareholders
DALLAS, Feb. 9, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) today released a letter to shareholders highlighting its strategic transformation...
Bitcoin miner Cango completes $305 million BTC sale to support its AI pivot
Bitcoin miner Cango completed a sale of 4,451 Bitcoin worth roughly $305 million to reduce debt and fund its transition...
