Chinese automotive transaction service platform Cango (CANG), which pivoted to bitcoin (BTC) mining on year ago, plans to ...
Cango eyes expansion into the HPC market and continues the termination of the ADR program amid GOP lawmaker scrutiny.
Cango Inc. (NYSE: CANG) today released a letter to shareholders at the one-year milestone of its bold transformation to a robust Bitcoin mining operation. CEO Paul Yu reflected on this milestone, ...
By spreading its operations globally, Cango is not just increasing output; it’s managing risk. This strategic approach forms ...
2. As of month-end. 3. Average over the month. Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin holdings. Paul Yu, CEO and Director of Cango, ...
Hedge funds are increasing their crypto exposure, encouraged by a friendlier regulatory environment. This institutional push is highlighted by a ...
Cango Inc. (NYSE:CANG) jumped another 12.5% on Wednesday and is now up more than 75% over the last week. The company's pivot into bitcoin mining appears to be the catalyst for the share price spike.
Cango Inc., a Chinese firm that formerly operated as a car loan financing company, has made a full pivot to Bitcoin mining, the company announced last week. Cango announced the sale of its car ...
After more than a half year of nonstop metamorphosis, a picture is finally starting to emerge of who will be calling the shots at a newly minted Cango Inc. (CANG.US), a former Chinese car trader that ...
The bitcoin BTC $125,245.62 mining industry was shaken up in the last months of 2024 by the sudden entrance of a new player: Cango (CANG), a Chinese firm that specializes in providing loans to ...
The $352 million sale could pave the way for a Singapore-linked entity to take control of Cango as it transitions from car trader to bitcoin miner Cango Inc. (CANG.US) said last Thursday it agreed to ...