Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for…
In recent developments, cango Inc. sold 6,451 bitcoin across February and March 2026, applying the proceeds entirely to retire crypto-collateralized loans as the company transitions its mining infrastructure toward artificial…
Bitcoin Miner Cango Sells $143 Million in BTC, Slashes Production Costs
In recent developments, nYSE-listed miner Cango reduced costs by 19% by shutting down inefficient equipment, and sold Bitcoin to pay down debt. The development has drawn attention from traders and…
Cango sells 2,000 BTC, cuts Bitcoin production cost by 19% in March
In recent developments, bitcoin miner Cango said it sold 2,000 BTC to pay off debt and cut its BTC production cost by 19% as part of its strategic pivot to…
Cango Secures $75M in Fresh Capital to Expand Ecohash AI Computing Platform
In recent developments, cango Inc. closed a $65 million insider equity round and a $10 million convertible note deal on March 31 and April 1, 2026, respectively, bringing in fresh…
Cango reports $285M Q4 loss as Bitcoin mining costs surge in 2025
In recent developments, cango shares fell from about $4.50 in October to around $0.68, declining more than 84% over six months amid losses and restructuring. Looking closer, market participants highlight…
Unprecedented US, China, Dubai Crypto Scam Crackdown Nets 276 Arrests
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- Nisan 30, 2026
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Bitcoin’s August Hard Fork May Dwarf Every Previous Split Combined — Here…
- Nisan 30, 2026
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Ripple, Bullish Expand Institutional Access to BTC Options Trading
- Nisan 30, 2026
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