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Tag:

Cango

  • Mining

    Cango Acquires Georgia Bitcoin Mining Facility for $19.5 Million

    by shayaan August 11, 2025
    August 11, 2025

    Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., …

    Read more
  • Mining

    Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasury

    by shayaan August 5, 2025
    August 5, 2025

    Three months after divesting its auto financing unit to focus on Bitcoin mining, Chinese conglomerate …

    Read more
  • Mining

    Is Cango a Bitmain Proxy? Here’s What I Found

    by shayaan July 27, 2025
    July 27, 2025

    CANG just became the 4th largest public Bitcoin miner by hash rate. But after a …

    Read more
  • Mining

    Cango finalizes pivot to a Bitcoin mining company

    by shayaan July 24, 2025
    July 24, 2025

    Cango Inc., a publicly traded company listed on the New York Stock Exchange, has completed …

    Read more
  • Mining

    Cango Finalizes 18 EH/s Mining Acquisition, Surpasses 50 EH/s as Antalpha Ties Deepen

    by shayaan June 28, 2025
    June 28, 2025

    Cango has completed its previously announced acquisition of 18 EH/s of active bitcoin hashrate from …

    Read more
  • Mining

    Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth 

    by shayaan April 3, 2025
    April 3, 2025

    Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements …

    Read more
  • Mining

    Cango Inc. 50 EH/s Power Play: Is This the Next Big Name in Bitcoin Mining?

    by shayaan March 30, 2025
    March 30, 2025

    Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s …

    Read more
  • Markets

    How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse

    by shayaan January 4, 2025
    January 4, 2025

    The bitcoin (BTC) mining industry was shaken up in the last months of 2024 by …

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  • Mining

    Cango Inc. acquires 32EH/s Bitcoin miners from Bitmain for $256 million

    by shayaan December 21, 2024
    December 21, 2024

    Cango Inc., a Shanghai-based automotive transaction service platform, announced that it had completed the $256M …

    Read more
  • Mining

    From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining Giant

    by shayaan December 18, 2024
    December 18, 2024

    According to a report from Blockspace Media, there’s a new entity on the block that …

    Read more

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