Cango Inc. Records Bitcoin Mining Success in Q2 2025

Hong Kong-based Cango Inc., a prominent Bitcoin mining company, has released its unaudited financial results for the second quarter of 2025. The report highlights significant growth driven by strategic acquisitions and operational efficiency. Notably, the company’s total mining capacity reached 50 EH/s in June 2025 following the acquisition of an additional 18 EH/s. Additionally, a US$352 million divestiture of China-based assets generated substantial liquidity to support future initiatives.