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WEEX at CCCC Lisbon 2025: Powering Crypto Content Creators and Igniting the AI Trading Era with Upcoming Hackathon
From November 14–16, the Carlos Lopes Pavilion in Lisbon will transform into a creative hub for the global crypto community as Crypto Content Creator Campus (CCCC) 2025 kicks off. This global event will unite unit leading content creators, innovators, and blockchain pioneers for three days of dialogue, creativity, and collaboration.
This year’s edition will feature an outstanding lineup of world-class speakers — including Nuseir Yassin, Dr. Maye Musk, and Aris Yeager — who will share their insights on the intersection of AI, blockchain, and digital creativity, exploring how these forces will shape the next chapter of innovation in the crypto industry.
WEEX Returns as Platinum Sponsor: The Most KOL-Friendly Exchange
For the second consecutive year, WEEX will return to CCCC Lisbon as a Platinum Sponsor, furthering its mission to empower and connect creators and KOLs worldwide. Building on last year’s success, WEEX will bring an even stronger presence, focusing on listening to creators’ needs, fostering trust, and building long-term partnerships in the fast-evolving Web3 landscape.
Recently voted by over 150 top industry KOLs as the “Most KOL-Friendly Exchange” at THE Best Event by TBV in September 2025, WEEX will continue to set the standard for creator partnerships with its tailored support programs, competitive commissions, and exclusive AMAs designed to help collaborators thrive.
At CCCC Lisbon 2025, the WEEX booth will become a vibrant gathering spot for creators, partners, and traders — a place to exchange ideas, explore opportunities, and build stronger global connections.
Andrew Weiner's Onsite Livestream: Spotlight on Innovation and Connection
Adding to the excitement, Andrew Weiner, Chief Operating Officer of WEEX, will host a special live broadcast directly from the CCCC venue. The livestream will give global audiences an exclusive look at WEEX’s onsite activities, partnerships, and future plans.
During the broadcast, Andrew will share how WEEX has evolved into the go-to exchange for creators and traders, while also offering a first look at the upcoming AI Wars: WEEX Alpha Awakens global AI Trading Hackathon.
The stream will include real-time interactions with booth visitors and partners, highlighting WEEX’s commitment to innovation, transparency, and collaboration within the global creator community.
AI Wars: WEEX Alpha Awakens
Following the excitement in Lisbon, WEEX will launch its highly anticipated global AI Trading Hackathon, themed AI Wars: WEEX Alpha Awakens, in late November 2025.
The competition will bring together AI developers, quant traders, and innovators from around the world to explore the future of algorithmic trading. The main arena will be set in Dubai, with side events taking place in major cities globally. Over 2,000 teams will compete for a total prize pool of $880,000, including a $500,000 Bentley Continental GT for the champion.
Through AI Wars: WEEX Alpha Awakens, WEEX will showcase how artificial intelligence can transform trading — merging technology, creativity, and precision into the next era of smart trading solutions.
From Lisbon to the World: WEEX’s Global Vision
WEEX’s participation in CCCC Lisbon 2025, along with its upcoming AI Wars: WEEX Alpha Awakens hackathon, will mark a key step in its strategic expansion across Europe and beyond.
By connecting directly with global creators, KOLs, and traders, WEEX will reaffirm its commitment to building an ecosystem based on transparency, collaboration, and growth.
As the industry moves into an AI-powered era, WEEX will continue to lead the way — empowering traders, builders, and creators to rise together in the world of AI Wars.
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Sun Valley Releases 2025 Financial Report: Bitcoin Mining Revenue Reaches $670 Million, Accelerating Transformation to AI Infrastructure Platform
On March 16, 2026, in Dallas, Texas, USA, CanGu Company (New York Stock Exchange code: CANG, hereinafter referred to as "CanGu" or the "Company") today announced its unaudited financial performance for the fourth quarter and full year ended December 31, 2025. As a btc-42">bitcoin mining enterprise relying on a globally operated layout and dedicated to building an integrated energy and AI computing power platform, CanGu is actively advancing its business transformation and infrastructure development.
• Financial Performance:
Total revenue for the full year 2025 was $688.1 million, with $179.5 million in the fourth quarter.
Bitcoin mining business revenue for the full year was $675.5 million, with $172.4 million in the fourth quarter.
Full-year adjusted EBITDA was $24.5 million, while the fourth quarter was -$156.3 million.
• Mining Operations and Costs:
A total of 6,594.6 bitcoins were mined throughout the year, averaging 18.07 bitcoins per day; of which 1,718.3 bitcoins were mined in the fourth quarter, averaging 18.68 bitcoins per day.
The average mining cost for the full year (excluding miner depreciation) was $79,707 per bitcoin, and for the fourth quarter, it was $84,552;
The all-in sustaining costs were $97,272 and $106,251 per bitcoin, respectively.
As of the end of December 2025, the company has cumulatively produced 7,528.4 bitcoins since entering the bitcoin mining business.
• Strategic Progress:
The company has completed the termination of the American Depositary Receipt (ADR) program and transitioned to a direct listing on the NYSE to enhance information transparency and align with its strategic direction, with a long-term goal of expanding its investor base.
CEO Paul Yu stated: "2025 marked the company's first full year as a bitcoin mining enterprise, characterized by rapid execution and structural reshaping. We completed a comprehensive adjustment of our asset system and established a globally distributed mining network. Additionally, the company introduced a new management team, further strengthening our capabilities and competitive advantage in the digital asset and energy infrastructure space. The completion of the NYSE direct listing and USD pricing also signifies our transformation into a global AI infrastructure company."
"As we enter 2026, the company will continue to optimize its balance sheet structure and enhance operational efficiency and cost resilience through adjustments to the miner portfolio. At the same time, we are advancing our strategic transformation into an AI infrastructure provider. Leveraging EcoHash, we will utilize our capabilities in scalable computing power and energy networks to provide cost-effective AI inference solutions. The relevant site transformations and product development are progressing simultaneously, and the company is well-positioned to sustain its execution in the new phase."
The company's Chief Financial Officer, Michael Zhang, stated: "By 2025, the company is expected to achieve significant revenue growth through its scaled mining operations. Despite recording a net loss of $452.8 million from ongoing operations, mainly due to one-time transformation costs and market-driven fair value adjustments, the company, from a financial perspective, will reduce its leverage, optimize its Bitcoin reserve strategy and liquidity management, introduce new capital to strengthen its financial position, and seize investment opportunities in high-potential areas such as AI infrastructure while navigating market volatility."
The total revenue for the fourth quarter was $1.795 billion. Of this, the Bitcoin mining business contributed $1.724 billion in revenue, generating 1,718.3 Bitcoins during the quarter. Revenue from the international automobile trading business was $4.8 million.
The total operating costs and expenses for the fourth quarter amounted to $4.56 billion, primarily attributed to expenses related to the Bitcoin mining business, as well as impairment of mining machines and fair value losses on Bitcoin collateral receivables.
This includes:
· Cost of Revenue (excluding depreciation): $1.553 billion
· Cost of Revenue (depreciation): $38.1 million
· Operating Expenses: $9.9 million (including related-party expenses of $1.1 million)
· Mining Machine Impairment Loss: $81.4 million
· Fair Value Loss on Bitcoin Collateral Receivables: $171.4 million
The operating loss for the fourth quarter was $276.6 million, a significant increase from a loss of $0.7 million in the same period of 2024, primarily due to the downward trend in Bitcoin prices.
The net loss from ongoing operations was $285 million, compared to a net profit of $2.4 million in the same period last year.
The adjusted EBITDA was -$156.3 million, compared to $2.4 million in the same period last year.
The total revenue for the full year was $6.881 billion. Of this, the revenue from the Bitcoin mining business was $6.755 billion, with a total output of 6,594.6 Bitcoins for the year. Revenue from the international automobile trading business was $9.8 million.
The total annual operating costs and expenses amount to $1.1 billion.
Specifically, they include:
· Revenue Cost (excluding depreciation): $543.3 million
· Revenue Cost (depreciation): $116.6 million
· Operating Expenses: $28.9 million (including related-party expenses of $1.1 million)
· Miner Impairment Loss: $338.3 million
· Bitcoin Collateral Receivable Fair Value Change Loss: $96.5 million
The full-year operating loss is $437.1 million. The continuing operations net loss is $452.8 million, while in 2024, there was a net profit of $4.8 million.
The 2025 non-GAAP adjusted net profit is $24.5 million (compared to $5.7 million in 2024). This measure does not include share-based compensation expenses; refer to "Use of Non-GAAP Financial Measures" for details.
As of December 31, 2025, the company's key assets and liabilities are as follows:
· Cash and Cash Equivalents: $41.2 million
· Bitcoin Collateral Receivable (Non-current, related party): $663.0 million
· Miner Net Value: $248.7 million
· Long-Term Debt (related party): $557.6 million
In February 2026, the company sold 4,451 bitcoins and repaid a portion of related-party long-term debt to reduce financial leverage and optimize the asset-liability structure.
As per the stock repurchase plan disclosed on March 13, 2025, as of December 31, 2025, the company had repurchased a total of 890,155 shares of Class A common stock for approximately $1.2 million.
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