Cango Inc. reported $102 million in revenue and cut its long-term debt by 94.5. It also reported a $261.1 million Q1 net loss, but most of it came from non-cash bitcoin-related accounting charges...
The company paid off most of its long-term debt by selling down its bitcoin treasury, as it moves ahead with its new focus on modular high-performance computing for AI clients
Cango Inc. (NYSE:CANG) reported operational results for April 2026, according to a press release statement issued today. The Bitcoin mining company’s total operational hashrate stood at 31.58 EH/s...
EcoHash Technology LLC, the dedicated HPC and AI inference subsidiary of Cango Inc. (NYSE: CANG), launched its public digital portal on 13 April 2026, announcing the start of commercial operations.
Cango Inc. has officially launched the digital portal for its subsidiary EcoHash at www.ecohash.com, aimed at providing a primary interface for high-performance computing (HPC) and AI inference...
Bitcoin miners are heading toward the 2028 halving with thinner margins, tighter power markets and a growing need for capital discipline.
Publicly traded Bitcoin mining firm Cango (NYSE: CANG) has joined the list of major players using their BTC holdings to manage debt and pivot to AI investments.
Cango sold 2,000 BTC in March, using the proceeds to retire $30.6 million in Bitcoin-backed loans, demonstrating its ongoing efforts to reduce debt while holding 1,025.69 BTC in reserves.
Bitcoin (BTC) miner Cango announced that it sold 2,000 BTC in March 2026. The firm used the proceeds to retire outstanding Bitcoin-backed loans.
Cango attributed the reduction to a lean-production model that prioritizes margins over raw output volume.