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Cango (CANG) Posts $81.6M Loss as Asset Value Drops 74% in Fleet Overhaul

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Cango’s Q2 restructuring cut its cash mining cost 35% to $73,313 per Bitcoin while nearly halving cash operating costs, giving the shrinking miner a measurable efficiency payoff.

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Cango (CANG) Posts $81.6M Loss as Asset Value Drops 74% in Fleet Overhaul

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Cango (CANG) Posts $81.6M Loss as Asset Value Drops 74% in Fleet Overhaul

Cango’s Q2 restructuring cut its cash mining cost 35% to $73,313 per Bitcoin while nearly halving cash operating costs, giving the shrinking miner a measurable efficiency payoff.