Why Jasprit Bumrah Should Succeed Rohit Sharma As India’s Test Captain

By: bitcoin ethereum news|2025/05/08 22:15:02
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Jasprit Bumrah is a contender to replace Rohit Sharma (Photo by Robert Cianflone/Getty Images) As India’s Test tour of Australia nosedived as the series wore on, those watching – and there sure were plenty – would have sensed this was the end of Rohit Sharma’s captaincy reign in the long format. One of India’s mightiest cricketers, worshipped by a billion people who has been one of only a select few to have lifted a World Cup title for his all-powerful cricket country, looked totally dejected with this blockbuster series slipping away. He was out of answers, with his once imposing batting now a mere shell and a reshuffle of the batting order didn’t help either. Rohit’s captaincy was also in the gun, outfoxed tactically by opposite number Pat Cummins. He appeared jaded and worn down, understandably so being under cricket’s biggest spotlight in all three formats. With his every move monitored, hounded by a never-ending line of Indian press, the pressure had taken its toll. The scrutiny is always at 100% in this role and Rohit, like everyone else who has filled these big shoes, had been numerously a punching bag. Rohit Sharma had a tough series in Australia (Photo by WILLIAM WEST/AFP via Getty Images) By the fifth and final Test, after India had fallen short in an epic Boxing Day Test amid a frenzy over his future, Rohit stepped aside and insisted he made the call to drop himself. He was not dropped, as per reports, and instead had apparently made a selfless decision with his team needing victory to keep their World Test Championship hopes alive. There would be no send-off in Sydney, the site of so many farewells of legendary cricketers over the years. No walking through a guard of honor, showered by cheers from the terraces. Australian cricket fans might be hard-bitten, but they sure do recognize fighters, particularly those willing to dish it back to their compatriots. Rohit did not get a Test cricket send-off. His career was done. The writing had long been on the wall, it was not needed in the form of an official press release. But with India’s blockbuster Test tour of England approaching, news this week leaked out on what we already all knew back in January. In typical Indian cricket secrecy, it’s unknown whether Rohit was pushed into retirement by the power brokers or if he’s just merely had enough of Test cricket’s grind. It’s far from the end of his international career and it’s a wise move with the 38-year-old Rohit set to now focus on leading India to redemption at the 2027 World Cup after their bitter disappointment on home soil 18 months ago, a pummelling in the final against Australia where he looked like he saw a ghost in the aftermath. Rohit Sharma was dejected after India lost the 2023 World cup final (Photo by Alex Davidson-ICC/ICC ... More via Getty Images) The question now is who should succeed him. Reports emerging from India suggest that 25-year-old Shubman Gill is the frontrunner. He has impressed as captain of Gujarat Titans in the ongoing Indian Premier League season and really is the only viable option if they believe the burden on vice-captain Jasprit Bumrah is too great. There is understandable concern on Bumrah, a genius pace bowler approaching GOAT status but who has broken down previously. India’s hierarchy also view Gill as long-term captain and we’ve seen this well-worn template before in cricket. Make the precocious batting talent hitting their prime captain. India followed this script previously with superstars Virat Kohli and Sachin Tendulkar, while Australia did it repeatedly from Allan Border through to Steve Smith. But times are changing. The advent of the WTC means Test teams should consider their teams/captains over two-year blocks. Like a single season in franchise leagues. The WTC was established to create context in Test cricket and it’s succeeded – despite notable flaws – with a title up for grabs at the end of it all. Despite notable success in Test cricket, India have not won a WTC. They finished runners-up in the first two editions and fell short of the final in this current cycle. India are clearly cricket’s powerhouse off-field and that has translated into the shorter formats, but not quite Test cricket. Until they win a WTC, India are simply underachieving in cricket’s most treasured and traditional format. The future of Test cricket remains uncertain – and who knows – it might just one day vanish amid a glut of shiny shorter formats. Until then, India will be absolutely determined to end their WTC drought. Their best chance in this upcoming cycle might just be with Bumrah in charge even though there are concerns over whether he will play every Test match moving forward. Similar concerns had been on Cummins, but he has been durable and flourished since being essentially forced into the Australia captaincy. He has moulded the team in his image and Cummins’ tactical nous in the 2023 World Cup final was a masterpiece. Bumrah has a chance to do something similar. We already know he has it in him. With Rohit arriving late to the Australia tour, Bumrah filled his shoes superbly to lead India to one of their best ever Test victories after a first Test thrashing in Perth. Jasprit Bumrah was oustanding against Australia (Photo by Darrian Traynor/Getty Images) Bumrah led from the front with the ball and tactically in the field. But it was much more than that. He fuelled a team that was widely written off and did so through his effervescent personality. It was infectious. As cliché as it sounds, something out of a hackneyed sports film, his teammates seemed to lift for him. They were inspired and played possessed. Sitting in on India press conferences can often be a bit grim, carefully orchestrated by the team’s hierarchy and little is usually given to their hungry press corps. Any slip of of the tongue can have reverberations back home. But a relaxed Bumrah was incredibly candid when he fronted the cameras before and after the Perth Test. He grinned from ear to ear and answered every question with depth and clarity. He was a breath of fresh air. A natural leader. It would be a shame if he’s never a full-time captain. At least give him a couple of years. Gill will have plenty of time to take over after that. Averaging just 35 in Test cricket, with a habit of being too loose at the crease, Gill should probably just concentrate on getting better and go up a level in his career. Right now, Jasprit Bumrah, the smiling assassin, should take charge of India’s quest for belated Test greatness. Source: https://www.forbes.com/sites/tristanlavalette/2025/05/08/why-jasprit-bumrah-should-succeed-rohit-sharma-as-indias-test-captain/

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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.


2025 Full Year and Fourth Quarter Financial and Operational Highlights


• 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."


Fourth Quarter 2025 Ongoing Operations Financial Performance


Revenue


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.


Operating Costs and Expenses


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


Profit Situation


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.


Full Year 2025 Ongoing Operations Financial Performance


Revenue

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.


Operating Costs and Expenses


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


Profitability


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.


Financial Position


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.


Stock Repurchase


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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