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According to Deep Tide TechFlow news, on May 14, Cango Inc. (NYSE: CANG), a publicly listed mining company, disclosed in its financial report that its Bitcoin mining business revenue for the first quarter of 2025 was approximately $144.2 million, with a total of 1,541 Bitcoins mined. The average mining cost per Bitcoin in the first quarter (excluding Mining Rig depreciation) was $70,602.1.


Cango plans to add 18 EH/s of computing power by the end of July 2025, bringing the total computing power to approximately 50 EH/s. The company adopts a "Mining and Holding" strategy, prioritizing self-mining and long-term holding.
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