[Cango Discloses Sale of 2,000 Bitcoins in March, Bitcoin Reserves Drop to 1,025.69 BTC] According to a report by Jinse Finance, U.S.-listed Bitcoin mining company Cango released its March operational update. The report revealed that the company mined 27.98 BTC in March and completed a strategic sale of 2,000 Bitcoins. The proceeds were used to repay BTC-backed loans. As of the end of March, the company's outstanding Bitcoin-backed loan balance stood at $30.6 million, and its Bitcoin reserves had decreased to 1,025.69 BTC.