Cango: Q1 Mining Output of 1,541 Bitcoins
The New York Stock Exchange-listed company Cango released its unaudited financial results for the first quarter of 2025, disclosing: 1. Total revenue was 1.1 billion RMB (145.2 million USD), with the Bitcoin mining business generating 144.2 million USD in revenue this quarter; 2. Mining output was 1,541 Bitcoins, with an average mining cost of 70,602.1 USD per Bitcoin. 3. As of March 31, 2025, the total balance of cash and cash equivalents and short-term investments was 347.4 million USD.
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.
You may also like
Charlie Hospital Semarang says no material information behind share-price volatility
Venteny Fortuna International files corrected annual public expose materials
Abu Dhabi Mubadala Strategic Investment in Luckin Coffee Explained: Transfer of Preferred Shares by New and Old Funds, Transaction Size Around 1 billion USD
The beneficial ownership of Dachen remains unchanged.
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
