Cango Inc. Reports Strong Second Quarter Results Despite Significant Investments

Cango Inc., a leading Bitcoin miner, announced its unaudited financial results for the second quarter of 2025. The company’s total mining capacity surged to 50 EH/s thanks to an acquisition of 18 EH/s in June 2025. This significant expansion was also bolstered by the divestiture of non-core assets in May, generating substantial liquidity for strategic initiatives.