Kango's First Annual Financial Results Post-Mining Venture Reveal a Net Loss of Approximately 720 Billion Yen

Mining Business Financial Results Announcement

On the 16th, Kango (NYSE: CANG), a U.S. mining company for the cryptocurrency Bitcoin (BTC), announced its Q4 (October to December) and full-year unaudited financial results for 2025.

The company began its mining operations in November 2024, and 2025 was the first full year of mining activities. Ultimately, the year ended with a net loss of approximately $4.5 billion (about 720 billion yen).

There has been significant discussion surrounding Kango, including Bitcoin sales and mining...