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Cango reports $285M Q4 loss as Bitcoin mining costs surge in 2025

Cango reports $285M Q4 loss as Bitcoin mining costs surge in 2025

2026-03-17

Cango reports $285M Q4 loss as Bitcoin mining costs surge in 2025

Cango shares fell from about $4.50 in October to around $0.68, declining more than 84% over six months amid losses and restructuring.

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