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Cango Inc.

2.14

+0.520032.10%

Post-market: 2.190.0500+2.34%19:59 EDT

Volume:4.14M

Turnover:8.79M

Market Cap:87.79M

PE:-0.08

High:2.32

Open:1.65

Low:1.65

Close:1.62

52wk High:55.50

52wk Low:1.36

Shares:41.02M

Float Shares:18.70M

Volume Ratio:22.14

T/O Rate:22.14%

Dividend:- -

Dividend Rate:- -

EPS(TTM):-26.5144

EPS(LYR):-21.9714

ROE:-177.73%

ROA:-3.16%

PB:0.42

PE(LYR):-0.10

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Overview Company News Filings

Cango updates financial calendar with upcoming first-quarter results release, conference call

Cango announces extraordinary shareholder meeting

Cango Inc: EcoHash Launches, Cash Cost Per BTC Mined Drops 20%

Greenridge Global Remains a Buy on Cango (CANG)

Cango Inc expected to post a loss of 50 fen a share - Earnings Preview

Cango reports April bitcoin output of 230 BTC, cash cost USD 68,061 per coin

Cango Inc - Produced 230.04 BTC in April 2026 From Self-Mining Operations

THOMSON REUTERS

Cango Inc. Announces April 2026 Operational and Fleet Optimization Update; Continuing Strategic Fleet Modernization and Enhancing Production Efficiency

THOMSON REUTERS

Cango Inc - Average Cash Cost per Coin $68,061 in April 2026

THOMSON REUTERS

BRIEF-Cango Inc. Announces New CFO And Change Of Director

Cango Names Simon Ming Yeung Tang Finance Chief

Cango Names Simon Ming Yeung Tang as CFO

MT Newswires Live

Cango Inc - Appoints Simon Ming Yeung Tang as Director and CFO Effective April 22, 2026

THOMSON REUTERS

Cango Inc - Chang-Wei Chiu and Yongyi Zhang Resign as Director and CFO Effective April 22, 2026

THOMSON REUTERS

Press Release: Cango Inc. Announces New CFO and Change of Director

Cango subsidiary EcoHash launches commercial HPC, AI inference portal

Cango subsidiary EcoHash begins commercial operations in HPC, AI inference

Cango FY25 net loss widens to US$622 million; revenue climbs to US$688.1 million

Cango cuts bitcoin mining cash cost 19.3% to USD 68,216 per coin in March

Cango cuts March bitcoin cash cost per coin 19.3% to $68,216

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general meeting is scheduled for June 24, 2026 in Hong Kong.Shareholders will vote on a share consolidation, with the board able to set a ratio anywhere from no consolidation up to a maximum 10:1.The meeting will also consider adopting a fifth amended and restated memorandum and articles of association to reflect the share consolidation.A separate proposal seeks approval to adjourn the meeting if additional proxy solicitation is needed to secure enough votes to pass the resolutions.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cango Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260522:nNDL4Gw6J2:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4600","BK4122","BK4214","CANG"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635278260","title":"Cango Inc: EcoHash Launches, Cash Cost Per BTC Mined Drops 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=2635278260","media":"Smartkarma","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635278260?lang=en_us&edition=fundamental","pubTime":"2026-05-13 01:33","pubTimestamp":1778607197,"startTime":"0","endTime":"0","summary":"utm_source=tiger_community","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.smartkarma.com/home/private-investor-solutions/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4214","BK4600","BK4588","BK4594","CANG","BK4585","BK4122","BK4601"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2634214987","title":"Greenridge Global Remains a Buy on Cango (CANG)","url":"https://stock-news.laohu8.com/highlight/detail?id=2634214987","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2634214987?lang=en_us&edition=fundamental","pubTime":"2026-05-12 20:55","pubTimestamp":1778590515,"startTime":"0","endTime":"0","summary":"In a report released today, William Gregozeski from Greenridge Global reiterated a Buy rating on Cango, with a price target of $3.00. According to ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/greenridge-global-remains-a-buy-on-cango-cang-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/greenridge-global-remains-a-buy-on-cango-cang-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CANG","BK4600","BK4122","BK4214"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2634467894","title":"Cango Inc  expected to post a loss of 50 fen a share - Earnings Preview","url":"https://stock-news.laohu8.com/highlight/detail?id=2634467894","media":"Reuters","labels":["dataReport","preview"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2634467894?lang=en_us&edition=fundamental","pubTime":"2026-05-09 04:58","pubTimestamp":1778273899,"startTime":"0","endTime":"0","summary":"Cango Inc  expected to post a loss of50fen a share - Earnings Preview Cango Inc CANG.N, CANG.K is expected to  show a fall in quarterly revenue when it reports  results on May 12 (estimated) for the p","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260508:nL8N41L2MG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport,preview","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4122","CANG","BK4214","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633343044","title":"Cango reports April bitcoin output of 230 BTC, cash cost USD 68,061 per coin","url":"https://stock-news.laohu8.com/highlight/detail?id=2633343044","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633343044?lang=en_us&edition=fundamental","pubTime":"2026-05-08 18:01","pubTimestamp":1778234495,"startTime":"0","endTime":"0","summary":"Cango reported April 2026 operational hashrate of 31.58 EH/s, including 20.43 EH/s from self-mining plus 11.15 EH/s from hashrate leasing.Bitcoin output totaled 230.04 BTC from self-mining, with average cash cost per coin of $68,061.Bitcoin holdings stood at 1,057.46 BTC as of April 30.Fleet modernization continued with decommissioning of legacy S19 units in higher-cost international locations, with S21 deployments to lift energy efficiency.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260508:nNDLxmhgX:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4600","BK4122","CANG","BK4214"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633646434","title":"Cango Inc - Produced 230.04 BTC in April 2026 From Self-Mining Operations","url":"https://stock-news.laohu8.com/highlight/detail?id=2633646434","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633646434?lang=en_us&edition=fundamental","pubTime":"2026-05-08 18:00","pubTimestamp":1778234400,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260508:nTUA7HNRHX:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4600","BK4214","BK4122","CANG"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633443101","title":"Cango Inc. Announces April 2026 Operational and Fleet Optimization Update; Continuing Strategic Fleet Modernization and Enhancing Production Efficiency","url":"https://stock-news.laohu8.com/highlight/detail?id=2633443101","media":"THOMSON REUTERS","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633443101?lang=en_us&edition=fundamental","pubTime":"2026-05-08 18:00","pubTimestamp":1778234400,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260508:nTUA7HNRHX:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"event","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CANG","BK4600","BK4214","BK4122"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2633346154","title":"Cango Inc - Average Cash Cost per Coin $68,061 in April 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2633346154","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2633346154?lang=en_us&edition=fundamental","pubTime":"2026-05-08 18:00","pubTimestamp":1778234400,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260508:nTUA7HNRHX:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4122","BK4214","CANG","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629701015","title":"BRIEF-Cango Inc. Announces New CFO And Change Of Director","url":"https://stock-news.laohu8.com/highlight/detail?id=2629701015","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629701015?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:56","pubTimestamp":1776855397,"startTime":"0","endTime":"0","summary":"BRIEF-Cango Inc. Announces New CFO And Change Of DirectorApril 22 (Reuters) - Cango Inc CANG.N:CANGO INC. ANNOUNCES NEW CFO AND CHANGE OF DIRECTORCANGO INC - APPOINTS SIMON MING YEUNG TANG AS DIRECTOR","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260422:nTUA1CS0WS:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4214","CANG","BK4122","BK4600"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629012213","title":"Cango Names Simon Ming Yeung Tang Finance Chief","url":"https://stock-news.laohu8.com/highlight/detail?id=2629012213","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629012213?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:21","pubTimestamp":1776853260,"startTime":"0","endTime":"0","summary":"Cango said it appointed Simon Ming Yeung Tang as chief financial officer and director, effective immediately.The bitcoin mining company on Wednesday said that Chang-Wei Chiu and Yongyi Zhang resigned from their respective positions as director and chief financial officer for personal reasons.Tang most recently served as the chief investment officer of the company, Cango said.Zhang served as Cango's CFO from 2018 until early 2025 before returning to that role in July 2025.","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4214","BK4122","BK4600","CANG"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629252012","title":"Cango Names Simon Ming Yeung Tang as CFO","url":"https://stock-news.laohu8.com/highlight/detail?id=2629252012","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629252012?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:20","pubTimestamp":1776853243,"startTime":"0","endTime":"0","summary":"Cango (CANG) said Wednesday that Simon Ming Yeung Tang has been appointed as chief financial officer and a director, effective immediately.Tang, who most recently served as chief investment officer, succeeds Yongyi Zhang as CFO and Chang-Wei Chiu as a director, the company said.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4600","BK4122","BK4214","CANG"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629014937","title":"Cango Inc - Appoints Simon Ming Yeung Tang as Director and CFO Effective April 22, 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2629014937","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629014937?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:00","pubTimestamp":1776852001,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260422:nTUA1CS0WS:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4600","BK4214","BK4122","CANG"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629014676","title":"Cango Inc - Chang-Wei Chiu and Yongyi Zhang Resign as Director and CFO Effective April 22, 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2629014676","media":"THOMSON REUTERS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629014676?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:00","pubTimestamp":1776852001,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260422:nTUA1CS0WS:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CANG","BK4600","BK4122","BK4214"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2629014501","title":"Press Release: Cango Inc. Announces New CFO and Change of Director","url":"https://stock-news.laohu8.com/highlight/detail?id=2629014501","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2629014501?lang=en_us&edition=fundamental","pubTime":"2026-04-22 18:00","pubTimestamp":1776852000,"startTime":"0","endTime":"0","summary":"DALLAS, April 22, 2026 /PRNewswire/ -- Cango Inc.   today announced that Mr. Simon Ming Yeung Tang, who most recently served as the chief investment officer of the Company, has been appointed as a director and the chief financial officer of the Company, effective as of April 22, 2026. Mr. Chang-Wei Chiu and Mr. Yongyi Zhang resigned from their respective positions as director and chief financial officer of the Company, effective as of April 22, 2026, for personal reasons.Since entering the digital asset space in November 2024, Cango has activated pilot projects in both integrated energy solutions and distributed AI computing. In parallel, Cango continues to operate an online international used car export business through AutoCango.com.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CANG","BK4122","BK4600","BK4214"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2627467004","title":"Cango subsidiary EcoHash launches commercial HPC, AI inference portal","url":"https://stock-news.laohu8.com/highlight/detail?id=2627467004","media":"Reuters","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2627467004?lang=en_us&edition=fundamental","pubTime":"2026-04-14 20:39","pubTimestamp":1776170346,"startTime":"0","endTime":"0","summary":"Cango launched digital portal for subsidiary EcoHash Technology to start commercial high-performance computing and AI inference operations.EcoHash will deploy plug-and-play compute modules tied to its EcoLink orchestration platform to pool distributed capacity with enterprise-grade failover.Cango set aside space at its 50 MW Georgia bitcoin-mining facility to run EcoHash containerized modules as a live demonstration site.EcoHash positioned initiative as diversification of Cango energy-backed infrastructure into AI inference capacity near power sources to cut latency.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260414:nNDLbdYL7c:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4214","BK4600","CANG","BK4122"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2627439727","title":"Cango subsidiary EcoHash begins commercial operations in HPC, AI inference","url":"https://stock-news.laohu8.com/highlight/detail?id=2627439727","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2627439727?lang=en_us&edition=fundamental","pubTime":"2026-04-13 18:00","pubTimestamp":1776074446,"startTime":"0","endTime":"0","summary":"Cango launched commercial operations for HPC and AI inference unit EcoHash.EcoHash opened a digital portal to serve AI developers seeking low-latency compute.Initiative allocates space at Cango-owned 50MW Georgia mining facility to deploy containerized compute modules.EcoHash plans to use EcoLink orchestration software to pool distributed capacity with automated failover.Strategy targets replication of Georgia model across additional sites to build a distributed AI compute network.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260413:nNDL1lVQn6:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4600","BK4214","CANG","BK4122"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2626110236","title":"Cango FY25 net loss widens to US$622 million; revenue climbs to US$688.1 million","url":"https://stock-news.laohu8.com/highlight/detail?id=2626110236","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2626110236?lang=en_us&edition=fundamental","pubTime":"2026-04-11 04:08","pubTimestamp":1775851732,"startTime":"0","endTime":"0","summary":"Cango swung to a net loss of US$ 622 million for fiscal 2025 from net income a year earlier.Revenue jumped to US$ 688.1 million from US$ 89.9 million.Operating loss widened to US$ 437.1 million from US$ 5.1 million.Bitcoin mining produced US$ 675.5 million of revenue, while impairment on mining machines reached US$ 338.3 million.Management said deployed hash rate was 50 EH at year-end, with 6,595 Bitcoins mined in 2025; liquidity outlook said cash and operating cash flow, plus additional financing available, should cover needs due within one year.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cango Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval sys","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260410:nNDLc9mypC:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CANG","BK4600","BK4122","BK4214"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2626318681","title":"Cango cuts bitcoin mining cash cost 19.3% to USD 68,216 per coin in March","url":"https://stock-news.laohu8.com/highlight/detail?id=2626318681","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2626318681?lang=en_us&edition=fundamental","pubTime":"2026-04-09 18:52","pubTimestamp":1775731927,"startTime":"0","endTime":"0","summary":"Cango reported March 2026 operational hashrate of 37.01 EH/s, including 27.98 EH/s from self-mining.Hashrate-leasing capacity totaled 9.02 EH/s as focus shifted to cash margins over scale growth.Average cash cost per coin was USD 68,215.83 in March, down 19.3% from USD 84,552 in Q4 2025.Cango sold 2,000 Bitcoin in March to repay Bitcoin-backed loans.Bitcoin-backed loan balance was USD 30.6 million at March 31, 2026; treasury held 1,025 Bitcoin.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260409:nNDL3cCL3Y:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CANG","BK4600","BK4214","BK4122"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2625917630","title":"Cango cuts March bitcoin cash cost per coin 19.3% to $68,216","url":"https://stock-news.laohu8.com/highlight/detail?id=2625917630","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2625917630?lang=en_us&edition=fundamental","pubTime":"2026-04-08 18:00","pubTimestamp":1775642438,"startTime":"0","endTime":"0","summary":"Cango reported March 2026 operational hashrate of 37.01 EH/s, including 27.98 EH/s self-mining.Hashrate leasing contributed 9.02 EH/s as Cango shifted toward a lean-production model focused on cash margins.Average cash cost per bitcoin mined fell to USD 68,215.83 in March, down 19.3% from USD 84,552 in Q4 2025.Cango sold 2,000 bitcoins in March, using proceeds to retire bitcoin-backed loans.Bitcoin-backed loan balance totaled USD 30.6 million at March 31, 2026, with treasury holdings of 1,025 bitcoins.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260408:nNDLc1twQR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CANG","BK4214","BK4600","BK4122"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":20,"totalPage":6,"pageCount":2,"totalSize":102,"code":"91000000","status":"200"}]}}