Cango announced 2026 Q2 performance and received $50.8 million

Cango (NYSE: CANG) announced unaudited performance in the second quarter of 2026, with $5.8 million in revenue, a net loss of approximately 50 per cent on going-to-business from the ring, at $8.1.6 million, down from $261.1 million in the first quarter, which was mainly affected by the downside of $42.9 million in mines and $8.5 million in equipment disposal losses, which was adjusted to $10.7 million. The company operated at the end of the quarter at 27.58 ETH/s, of which 19.84 ETH/s, 7.74 ETH/s, with a quarterly output of 656 BTCs, the average cost of cash for a single BTC decreased to $73313 and 1056 were held at the end of June. In terms of AI infrastructure, its 3 MW site in Georgia, United States, was completed in early July, and it is planned that the first revenues will be expected in the third quarter to confirm that the company has also deployed test nodes in Texas and on the west coast of the United States。