Bitcoin miner Cango offloads 4,451 BTC to slash debt and fund AI pivot: Cango

Cango sold approximately $305 million in bitcoin holdings in February to repay debt and finance an artificial intelligence infrastructure transformation. Bitcoin miner Cango (NYSE: CANG) has sold 4,451 bitcoin to reduce financial leverage and fund an AI makeover, the company announced. The February sale generated approximately $305 million, with proceeds used to partially repay a…

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