Cango (CANG)
Runs global Bitcoin mining alongside AutoCango.com international automobile trading.
Something off on this page? Send us feedback.
Runs a globally deployed Bitcoin-mining network and AutoCango.com, an international automobile-trading business. Most current revenue comes from mining, while Bitmain hosting and the completed PRC-business divestiture shape the operating model.
Operates a globally deployed Bitcoin-mining network across more than 40 sites in Asia, North America, Africa, and other locations. Almost all current revenue comes from mining, while AutoCango.com remains its international automobile-trading business. Integrated energy solutions and distributed AI computing are pilot projects rather than core revenue lines.
Bitmain substantially hosts, operates, and maintains the mining machines, making hosting-counterparty execution a current operating dependency. The company sold all PRC business, including its remaining China auto-related activities, and treats that legacy business as discontinued. The current model therefore combines globally deployed mining with an international auto-trading line outside its divested PRC operations.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Dec 4, 2025 | H.C. Wainwright | Target | Target: — | Target: $3 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $10.3M · Total debt $51.9M · Total assets $298.8M · Shareholders' equity $132.7M
- Revenue
- $51.7M
- Operating income
- −$25.5M
- Net income
- −$83.2M
Reported in CNY, converted at the latest exchange rate
HistoryDividendAnnual yield
| Institutions | 3.03% | 1.19M ADS | |
|---|---|---|---|
| 33 holders · as of Jun 30, 2026 | |||
| Insiders | 8.46% | 3.33M ADS | |
| 2 holders · as of Mar 18, 2026 | |||
| Other | 88.51% | 34.80M ADS | |
| remainder | |||
39.32M ADS (1 ADS = 2 ordinary shares) as of Aug 26, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2024 annual report; nothing newer is on file here.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Chang-Wei ChiuInsiderdirector | 6.01% | 4.73M A ordinary | filed Mar 18, 2026 |
Xin (Moore) JinInsiderdirector | 2.45% | 1.93M A ordinary | filed Mar 18, 2026 |
Mirae Asset Global Etfs Holdings Ltd.Institution | 0.71% | 2.79M A ADS | as of Jun 30, 2026 |
Goldman Sachs Group IncInstitution | 0.60% | 2.34M A ADS | as of Jun 30, 2026 |
Vident Advisory, LLCInstitution | 0.54% | 2.11M A ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- MARA
Large energy-and-data-center Bitcoin miner
- Bitdeer
Global miner with hosting, cloud hash rate, and ASIC lines
- Riot Platforms
Large-scale Bitcoin miner with power infrastructure
- CleanSpark
Bitcoin miner expanding into AI and HPC data centers
- IREN
Bitcoin miner with AI Cloud and data-center capacity
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Cango | $2.26 | −0.88% | $93.4M | — | — | 0.4 | −64.1% |
| MARA | $13.69 | +3.05% | $5.06B | — | — | 6.3 | −26.7% |
| Bitdeer | $13.04 | −0.80% | $3.07B | — | — | 3.8 | +47.1% |
| Riot Platforms | $24.68 | +2.07% | $9.14B | — | — | 13.6 | +13.9% |
| CleanSpark | $14.99 | +1.52% | $3.79B | — | — | 5.6 | −30.5% |
| IREN | $48.18 | +2.01% | $16.85B | — | — | 23.8 | −26.8% |
| Median | — | — | 6.3 | −26.7% |