Cango (CANG.US) Q2 total revenue fell by approximately 50% quarter-on-quarter; 656 bitcoins mined

智通财经2026/08/31 23:06

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Jintou Finance APP has learned that Cango (CANG.US) has released its financial results for the second quarter of 2026. The financial report shows that the company's total Q2 revenue was 50.8 million US dollars, representing a quarter-on-quarter decrease of about 50%. Of this, revenue from its Bitcoin mining business was 47.4 million US dollars. The operating loss for the period was 80.6 million US dollars, while the net loss from continuing operations was 81.6 million US dollars, mainly due to non-cash impairment losses and disposal losses on mining machines. The adjusted EBITDA loss was 10.7 million US dollars.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Last month, prices in UK stores rose at the fastest pace in more than two years, highlighting how the impact of the Middle East conflict is beginning to affect supermarket shelves. The British Retail Consortium said on Tuesday that shop prices in August rose by 1.5% year-on-year, with food prices up by 2.8%, a higher increase compared to the previous month. Helen Dickinson, CEO of the British Retail Consortium (BRC), stated that rising energy and other input costs have had a particularly signif

智通财经•2026/08/31 23:36