{"id":570176,"date":"2026-03-17T12:40:02","date_gmt":"2026-03-17T12:40:02","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=799340"},"modified":"2026-03-17T12:40:02","modified_gmt":"2026-03-17T12:40:02","slug":"cango-reports-452m-net-loss-despite-688m-revenue-in-first-full-year-of-bitcoin-mining","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/17\/cango-reports-452m-net-loss-despite-688m-revenue-in-first-full-year-of-bitcoin-mining\/","title":{"rendered":"Cango Reports $452M Net Loss Despite $688M Revenue in First Full Year of Bitcoin Mining"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/03\/cangoososod-768x432.png\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"Cango Reports $452M Net Loss Despite $688M Revenue in First Full Year of Bitcoin Mining\" style=\"float:left;margin:0 15px 15px 0\" \/>Cango Inc.\u2019s first full year as a bitcoin miner delivered $688.1 million in revenue but ended with a $452.8 million net loss, driven largely by non-cash charges tied to equipment impairments and bitcoin price-linked accounting adjustments. Cango Sells Bitcoin to Cut Debt, Pivots Toward AI Infrastructure in 2026 The New York-listed company (NYSE: CANG), which [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cango Inc.\u2019s first full year as a bitcoin miner delivered $688.1 million in revenue but ended with a $452.8 million net loss, driven largely by non-cash charges tied to equipment impairments and bitcoin price-linked accounting adjustments. Cango Sells Bitcoin to Cut Debt, Pivots Toward AI Infrastructure in 2026 The New York-listed company (NYSE: CANG), which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":570177,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,14],"tags":[],"class_list":{"0":"post-570176","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-mining"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/570176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=570176"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/570176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/570177"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=570176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=570176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=570176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}