In an official announcement, Cango said it generated $688.1 million in revenue in 2025, including $675.5 million from Bitcoin mining, and mined 6,594.6 BTC during its first full year in the business after starting in November 2024. The company also reported an unaudited full-year net loss of about $450 million, consistent with its previously disclosed $452.8 million net loss from continuing operations. Cango said the result was affected by business transition costs and a shift in investment toward AI infrastructure. It had previously disclosed that it sold 4,451 BTC in February 2026 to reduce leverage, strengthen the balance sheet, and support that strategic pivot.