Cango Sells Bitcoin Holdings to Deleverage and Fund AI Expansion
Cango, the automotive services company that ventured into Bitcoin mining, recently sold another portion of its BTC holdings. In a March operational update, the firm announced
Cango (Latest Publications)
Cango Warns of Possible NYSE Delisting After Stock Falls Below $1 Threshold
TL;DR: Delisting Risk and Timelines: The NYSE notified Cango on March 10 that its stock is trading below the $1.00 threshold; the company has six months
Cango Posts $452.8M Loss After Mining 6,594 BTC in 2025
Cango Inc. said that it posted a net loss from continuing operations of $452.8 million in 2025, even as the company completed its first full year
CleanSpark, Cango and BitFuFu Post Solid February Output With 1,250 BTC Mined
TL;DR: CleanSpark mined 568 BTC, sold 553 for $36.7M at $66,279, and ended with 13,363 BTC plus 300 MW ERCOT capacity in Texas. Cango mined 454.83
Cango Offloads $305M in Bitcoin to Cut Debt and Accelerate AI Transformation
TL;DR BTC Sale: Cango sold 4,451 BTC for $305 million to repay a Bitcoin-backed loan and strengthen its balance sheet, following earlier sales prompted by weather-related
Cango Outlines Strategy to Reinforce Mining While Entering AI High-Performance Computing
TL;DR Chinese firm Cango turned to bitcoin mining a year ago. The company will be listed on the New York Stock Exchange on November 17. Cango
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