Search
Cango sells legacy China business, goes all-in on Bitcoin mining: Report
3.4.2025
Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag. Cango agreed to sell its legacy Chinese auto financing business...
Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth
3.4.2025
Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations to Ursalpha Digital Limited for $351.94 million, accelerating its focus on global bitcoin mining. Cango Sheds PRC Operations to Fuel Mining Ambitions...
Cango Inc. 50 EH/s Power Play: Is This the Next Big Name in Bitcoin Mining?
30.3.2025
Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a growing BTC treasury, Tencent as an institutional investor, and Bitmain links, is this the mining sector’s next dark horse? A Cango Deep Dive The following guest post comes from...
China’s Cango Inc. Now Holds $91M in Bitcoin
3.1.2025
Cango Inc., a China-based auto trading platform, has significantly boosted its Bitcoin mining operations, amassing a total of…
How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse
3.1.2025
Cango purchased 50 EH/s worth of mining power towards the end of 2024, making it one of the biggest players in the bitcoin mining industry
From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining Giant
18.12.2024
According to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become the third-largest publicly listed mining firm in terms of hashrate. Stealth Hashrate: Cango’s Surprising Crypto Pivot There’s a publicly listed Chinese car company...