Cango sells 4451 bitcoins for a net profit of approximately $305 million

US listed Bitcoin mining company Cango disclosed that it sold 4451 bitcoins on the public market last weekend, with transactions settled in USDT and a net profit of approximately $305 million. The obtained USDT has been used to repay a portion of the loan secured with Bitcoin. This transaction aims to strengthen the balance sheet and reduce financial leverage to support the strategic expansion of artificial intelligence computing infrastructure.