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UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 117,792,694 $ 90,431,392
Short-term investments, net   40,051,450
Accounts receivable, net 2,193,224 1,645,518
Prepayments and other current assets, net 226,172,562 26,966,209
Receivable for bitcoin collateral, net 416,733,018 84,536,567
Current assets of discontinued operations   230,113,402
Total current assets 762,891,498 473,744,538
Non-current assets:    
Mining machines, net 357,168,857 242,806,713
Property and equipment, net   65,460
Deferred tax assets 2,269,174  
Operating lease right-of-use assets, net   184,381
Other non-current assets, net   44,621,402
Non-current assets of discontinued operations   56,357,205
Total non-current assets 359,438,031 344,035,161
TOTAL ASSETS 1,122,329,529 817,779,699
Current liabilities:    
Short-term debts 225,204,003 17,067,978
Accrued expenses and other current liabilities 163,766,397 170,990,519
Income tax payable 82,373,495 48,609,811
Short-term lease liabilities   180,236
Current liabilities of discontinued operations   20,517,367
Total current liabilities 471,343,895 257,365,911
Non-current liabilities:    
Deferred tax liability 1 1
Non-current liabilities of discontinued operations   6,546,889
Total non-current liabilities 1 6,546,890
Total liabilities 471,343,896 263,912,801
Shareholders' equity    
Ordinary shares 44,171 29,504
Treasury shares (110,455,719) (111,567,030)
Additional paid-in capital 1,142,549,553 728,564,614
Accumulated other comprehensive loss   (49,574,973)
Accumulated deficit (381,152,372) (13,585,217)
Total Cango Inc.'s equity 650,985,633 553,866,898
Total shareholders' equity 650,985,633 553,866,898
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,122,329,529 $ 817,779,699