Cango Inc. has reported a substantial 60.6% increase in its third-quarter revenue for 2025, totaling $224.6 million. This growth is largely attributed to a significant rise in Bitcoin mining output, which reached 1,930.8 BTC. The company, which transitioned from automotive transactions to Bitcoin mining a year ago, has seen its strategic pivot pay off, with the CEO emphasizing the successful establishment of a disciplined mining operation.