深潮TechFlow|Feb 12, 2026 11:06
[Bitcoin Mining Company Cango Completes $10.5 Million Equity Financing and Secures Additional $65 Million Investment Commitment]
According to Deep Tide TechFlow on February 12, as reported by PRNewswire, NYSE-listed Bitcoin mining company Cango Inc. (NYSE: CANG) announced the completion of a previously disclosed $10.5 million equity investment from Enduring Wealth Capital Limited (EWCL). Additionally, the company signed an agreement with entities fully owned by its Chairman Xin Jin and Director Chang-Wei Chiu, who have committed to invest a total of $65 million in the company. Cango stated that it will use these funds to support its expansion into artificial intelligence and computing infrastructure, as well as to further strengthen its balance sheet.
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