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NYSE-listed company Cango: Bitcoin mining business generates $89.50 million revenue by the end of 2024

NYSE-listed auto trading service company Cango released its unaudited financial performance report for the fourth quarter and full year of 2024, which disclosed that the mining output by the end of 2024 was 933.8 bitcoins, and its bitcoin mining business generated $89.50 million in revenue, while the car trading related revenue was $2.10 million, and the total revenue increased by more than 400% year-on-year.