Justin Wu|Feb 15, 2026 09:57
CANG is not a mining story anymore. It’s AI infra disguised as a miner.
$75.5M injected
Mgmt aped $65M of their own money
BTC treasury optimized to delever
They unlocked cash without dilution and reallocated resources straight into AI compute and orchestration. That’s how you fund a transition properly
They’re not fighting Big Tech on model training.
They’re converting global mining farms into AI inference nodes
Already live & profitable
40+ sites
50 EH/s
Market still pricing this like a sub $1 legacy miner.
That disconnect won’t last.
Cango is a public company pivoting from BTC mining into a distributed AI inference and compute infrastructure platform(Justin Wu)
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