How did Cangu's revenue streams shift in Q4 2024 with Bitcoin Mining?
5/8/2025 09:25pm
Cango's revenue streams in Q4 2024 were significantly influenced by Bitcoin Mining, which accounted for the majority of the company's revenue. The company's total revenue for the quarter was $89.46 million, of which $89.46 million was generated from Bitcoin Mining. This shift in revenue streams can be attributed to the company's strategic focus on Bitcoin Mining, which has become a key driver of its business in recent years.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|CANG|CANG.N|Cango|20240101-2024|Bitcoin Mining|6.52986472E8|169|
|CANG|CANG.N|Cango|20240101-2024|Others|1997570|169|
|CANG|CANG.N|Cango|20240101-2024|Others|1494780|169|
|CANG|CANG.N|Cango|20240101-2024|Others|319351|169|