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Cango Inc delivered a standout Q3 2025, generating $224.6M in revenue and $37.3M in net income. The company mined nearly 2,000 BTC and continues scaling its global mining infrastructure.
Revenue reached $224.6M, largely from bitcoin mining.
Net income came in at $37.3M, up from $9.5M YoY.
1,930.8 BTC mined during the quarter with all-in costs at $99,383 per BTC.
Cango now operates a hashrate of 50 EH/s globally, reinforcing its position among top miners.
Cango plans to expand from bitcoin mining into AI compute services, backed by new energy infrastructure projects in Oman and Indonesia.
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