The Zhitong Finance App learned that CANG.US (CANG.US) announced financial results for the second quarter of 2026. According to financial reports, the company's total revenue for Q2 was $50.8 million, down about 50% from the previous month, of which the Bitcoin mining business revenue was 47.4 million US dollars. The current operating loss was US$80.6 million, and the net loss from continuing operations was US$81.6 million, mainly due to non-cash impairment losses and disposal losses of mining machinery. The adjusted EBITDA loss was $10.7 million.

Zhitongcaijing · 3d ago
The Zhitong Finance App learned that CANG.US (CANG.US) announced financial results for the second quarter of 2026. According to financial reports, the company's total revenue for Q2 was $50.8 million, down about 50% from the previous month, of which the Bitcoin mining business revenue was 47.4 million US dollars. The current operating loss was US$80.6 million, and the net loss from continuing operations was US$81.6 million, mainly due to non-cash impairment losses and disposal losses of mining machinery. The adjusted EBITDA loss was $10.7 million.