According to CoinMeta, NYSE listed company Cango reported revenue of $50.8 million in the second quarter of 2026, of which the BTC mining business contributed $47.4 million, and other business revenues amounted to $3.4 million. As of June 30th, Cango held 1,056 BTC, with cash and cash equivalents of $10.1 million and long-term debt of $31.2 million. A total of 656 BTC were mined in the second quarter, with an average cash mining cost of $73,313 per coin. The Cango mine located in LN in Georgia, USA, has completed renovation, and the first AI customer contract has been signed, marking the official entry of AI's infrastructure business into the commercialization phase.