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News with the tag "Cango"

Bitcoin World: Bitcoin Mining Facility: Cango’s Bold $19.5M Georgia Acquisition Signals Massive Growth

10:42 11-08-2025

Cango Inc. has acquired a 50-megawatt Bitcoin mining facility in Georgia for $19.5 million, marking a strategic expansion into cryptocurrency and energy infrastructure.

Bitcoin World: Cango’s Remarkable Bitcoin Mining Surge: 650.5 BTC in July

12:04 05-08-2025

Cango, a Chinese automotive trading platform, achieved a significant increase in Bitcoin mining output in July, mining 650.5 BTC, a 45% rise from June, driven by strategic investments in mining hardware.

Bitcoin World: Cango Bitcoin Mining Unveils Impressive 142.8 BTC Weekly Haul, Total Holdings Soar

12:30 01-08-2025

Cango Bitcoin Mining reported mining 142.8 BTC in a week, increasing its total holdings to 4,529.8 BTC, signaling a strategic shift from automotive to digital assets and highlighting institutional interest in Bitcoin.