Cango, a company listed on the New York Stock Exchange: Bitcoin mining business generated $89.5 million in revenue as of the end of 2024
According to online reports, Cango, a car trading service company listed on the New York Stock Exchange, released unaudited financial results report for the fourth quarter and full year of 2024, which disclosed that its mining output as of the end of 2024 was 933.8 bitcoins, and its Bitcoin mining business generated revenue of US$89.5 million, while car trading related income was US$2.1 million, with total revenue increasing by more than 400% year-on-year.
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