NYSE-listed miner Cango reduced costs by 19% by shutting down inefficient equipment, and sold Bitcoin to pay down debt.

Bitcoin mining company Cango said on Wednesday it slashed its Bitcoin production cost to $68,215 per coin, a 19.3% cost ...

The annual report can be accessed on the Company's investor relations website at ir.cangoonline.com or the SEC's website at www.sec.gov. The Company will also provide a hard copy of its annual report ...

Guidance -- Management projected Q4 2024 total revenues between RMB15 million and RMB17.5 million, with the caveat that this ...

Beneath the eye‑catching headline losses, management pointed to non‑GAAP adjusted EBITDA of $24.5 million for 2025 as evidence of operating cash generation. This measure strips out sizable ...

Cango is among a number of incredible corporate survival stories that have developed in the ever-changing and dynamic ...

The bitcoin miner issued a $10 million convertible note and closed a $65 million insider-led round while racing to regain ...

Cango secures fresh funding after the NYSE flags its shares for trading below $1, giving the company six months to regain ...

Publicly traded Bitcoin mining firm Cango (NYSE: CANG) has joined the list of major players using their BTC holdings to ...

AI infrastructure and Bitcoin mining firm Cango (NYSE: $CANG) said it raised a total of US$75 million on Wednesday while also ...