Cango Bitcoin Mining Revenes up to 1B RMB, the retail rate to expand 31 % by 2025

Shanghaiand May 19, 2025 / PRNEWSWIRE/ – Cango Inc. Bitcoin Mining, today announced the release of APollo Insights in the first quarter of the company’s performance, which highlighted that Cango’s Q1 2025 Bitcoin Mining revenues were in line with their expectations and noticed the strong operational standards of the company and the possibility of growth in the future.

Apollo Insights, entitled “Q1 BTC Mining Rerse In-Line, a retail rate of growth, stated, said Cango’s Q1 2025. Bitcoin Mining revenues in RMB 1,046 millionCreating with the company’s estimates. While the report noted the amended Q1 2025 loss before interest, taxes, depreciation and consumption, it is attributed primarily to Bitcoin Apollo Insights has maintained the fluctuation of prices and its expenses from Legacy Auto Business, Bitcoin Mining sector. The company increased its revenues for the entire year RMB 5,173 millionWhich reflects the highest Bitcoin Price assumptions are met in part by increasing the difficulty of the network.

The review of Cango’s solidarity performance in the first quarter of 2025 highlighted, with a widespread retail rate of 32 EH/s at the end of the quarter. In March 2025, Cango achieved a leading production in industry of 16.6 Bitcoin Cancelled for every eH/s. The company took advantage of a total of 1541 bitcoin currency in the quarter and obtained 2,475 of Bitcoin currency as of March 31, 2025, with Bitcoin’s currency not sold.

APollo Insights is a significant growth in the retail rate, as Cango is expected to exit from 2025E financial and financial 2026e with 42 EH/S (+10 EH/S on an annual basis) and 54 EH/S (+12 EH/S on an annual basis), respectively. The growth path includes this planned acquisition of 18 EH/S is expected to be completed by the end of July 2025.

Looking to the future, as a company ready in the future with strong operating flexibility, the report shows that Cango will strive to ensure more suitable mining contracts, self -explores its fleet of mining equipment, and consider investing in clean low -cost cleaning projects in The Middle East and AustraliaProviding many digital financial services, developing the “Asset Light” car platform.

About Cango Inc.

Cango Inc. (NYSE: cang) in the first place Bitcoin Mining works. Cango has published the mining process across strategic sites including North America, the Middle East, South America and East Africa. Kango expanded to Encryption The Asset Market in November 2024, driven by development in Blockchain technology, and increased spread Encryption Assets and their endeavors to diversify their work. Meanwhile, Cango has continued to operate the auto transactions service in China since 2010, with the aim of making car purchases simple and enjoyable. For more information, please visit: www.cangonline.com.

Media communication

Juliet Yi
Cango Inc.
Tel: +86 21 3183 5088 Ext.5581
Email: Ir@cangonline.com

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Source Cango Inc.