Dec. 2 at 12:49 AM
📢 Q3 2025 results are in! One year into Cango's transformation and our path toward becoming a global, green AI compute network is becoming clear:
*Total revenues: US
$224.6 million (up 60.6% from last quarter)
*Adjusted EBITDA: US
$80.1 million
*Cash and cash equivalents: US
$44.9 million
*Total mining capacity: 50 EH/s
*Quarterly bitcoin production: 1,930.8 (up 37.5% in total output)
"This quarter marks a significant milestone. It's been one year since our strategic transformation into a bitcoin miner. While consolidating our core business, we also clarified our long-term strategy: building a global, distributed AI compute network powered by green energy," shared Paul Yu, CEO of Cango.
🔗 Dive into the results: https://www.prnewswire.com/news-releases/cango-inc-reports-third-quarter-2025-unaudited-financial-results-302629164.html
#Bitcoin #BTC #Mining
$CANG #Earnings