Cango, a NYSE-listed company, expects Bitcoin mining to generate $89.5 million in revenue by the end of 2024
Cango, a car trading service company listed on the New York Stock Exchange, released its unaudited financial performance report for the fourth quarter and full year of 2024, disclosing that the mining output as of the end of 2024 was 933.8 bitcoins, with bitcoin mining business generating $89.5 million in revenue, while car trading-related revenue was $2.1 million, with total revenue increasing by over 400% year-on-year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Clings to $74K: Analyzing BTC’s Ability to Ward Off Further Decline
Stability at $74K: How 50,000 BTC Holders are Supporting Bitcoin's Resistance Against Further Dips
Donald Trump’s Memecoin to Face $320 Million Token Unlock as Price Dips
33% of French looking to buy crypto in 2025 but Italians are even more bullish
Share link:In this post: A third of French people intend to purchase cryptocurrencies this year. New study shows Italians as most bullish among surveyed nations in Europe. The crypto sector’s growing legitimacy helps attract more investors, researchers say.
Spanish Police End Crypto Scam Ring That Used AI to Swipe $21 Million From Investors
Trending news
MoreCrypto prices
More
