Cango Reports Second-Quarter Revenue of $50.8 Million and Net Loss of $81.6 Million
Bitcoin miner Cango Inc. reported unaudited second-quarter results for the period ended June 30, 2026, with total revenue of $50.8 million and a net loss of $81.6 million. According to ChainCatcher, the loss was mainly driven by non-cash impairment and disposal losses on mining machines.The company