Gate News: On March 17, U.S. publicly traded Bitcoin mining company Cango announced its Q4 2025 and full-year financial results. The total revenue for 2025 reached $688 million, producing 6,594.6 Bitcoins; in Q4, the company recorded total revenue of $179 million, producing 1,718.3 Bitcoins, and achieved positive EBITDA for the full year. The net loss attributable to shareholders in 2025 was $622 million, mainly due to non-cash and non-recurring items, including a one-time accounting loss from fully divesting the Chinese operations and a revaluation loss of equity purchase consideration caused by rising stock prices. Additionally, in February 2026, the company strategically disposed of 4,451 inventory Bitcoins and repaid loans to reduce debt; completed a $10.5 million capital increase from shareholders, and signed new funding agreements totaling $65 million with Armada Network Limited and Fortune Peak Limited.
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