Cango reports $285M Q4 loss as Bitcoin mining costs surge in 2025
Cango shares fell from about $4.50 in October to around $0.68, declining more than 84% over six months amid losses and restructuring.
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Bitcoin bulls avoided a correction as US markets opened, but analysis warned that Strategy was responsible for much of the latest BTC price strength.
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Cango shares fell from about $4.50 in October to around $0.68, declining more than 84% over six months amid losses and restructuring.
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