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Cango Q3 revenue rises 60.6% to $224.6M, EBITDA at $80.1M.
ByAinvest
Wednesday, Dec 3, 2025 9:58 am ET1min read
Cango Inc. reported Q3 2025 unaudited financial results, with total revenues of $224.6 million, a 60.6% increase from Q2 2025. Bitcoin mining revenues were $220.9 million, while operating revenues were $43.5 million and net income was $37.3 million. Adjusted EBITDA reached $80.1 million. The company's average operating hash rate increased from 40.91 EH/s in July to 44.85 EH/s in September and 46.09 EH/s in October, with an efficiency rate above 90%.
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