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
Economist: Core Inflation Indicator PCE Annual Rate Expected to Improve in April
Spot gold rises above $3220/ounce, up 1.32% intraday
Bitcoin Surpasses $103,000
Analyst: Bitcoin and Strategy Price Charts Synchronize with "Golden Cross," Potential Technical Upsurge
Trending news
MoreCrypto prices
More
