Mining Cango Acquires Georgia Bitcoin Mining Facility for $19.5 MillionAugust 12, 2025 Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., for $19.5 million. Cango Acquires…
Mining Cango posts ‘massive’ July Bitcoin haul, boosting corporate treasuryAugust 5, 2025 Three months after divesting its auto financing unit to focus on Bitcoin mining, Chinese conglomerate Cango (CANG) has significantly ramped…
Mining Is Cango a Bitmain Proxy? Here’s What I FoundJuly 27, 2025 CANG just became the 4th largest public Bitcoin miner by hash rate. But after a recent leadership shakeup, is it…
Mining Cango finalizes pivot to a Bitcoin mining companyJuly 24, 2025 Cango Inc., a publicly traded company listed on the New York Stock Exchange, has completed its transformation into a Bitcoin…
Mining Cango Finalizes 18 EH/s Mining Acquisition, Surpasses 50 EH/s as Antalpha Ties DeepenJune 28, 2025 Cango has completed its previously announced acquisition of 18 EH/s of active bitcoin hashrate from Bitmain’s financial services affiliate, Antalpha,…
Mining Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth April 3, 2025 Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations…
Mining Cango Inc. 50 EH/s Power Play: Is This the Next Big Name in Bitcoin Mining?March 30, 2025 Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a…
Markets How Chinese Lending Firm Cango Became a Bitcoin Mining PowerhouseJanuary 3, 2025 The bitcoin (BTC) mining industry was shaken up in the last months of 2024 by the sudden entrance of a…
Mining From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining GiantDecember 31, 2024 According to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become…
