By Editor , 4 September 2026
Cango Posts $81.6M Q2 Loss, Pivots to AI Compute Amid Mining Slump

Dallas – September 04, 2026 -- Cango Inc. (NYSE: CANG) reported a net loss of US$81.6 million for the second quarter of 2026, driven primarily by non-cash impairment and disposal charges on its Bitcoin mining fleet, as the company accelerates a pivot toward AI compute infrastructure.