Cango is selling off its bitcoin stash to pay down debt and fund an AI makeover
coindesk|2026年03月17日 11:01
The company sold 4,451 BTC in February to cut debt and fund AI infrastructure pivot.
What to know : Cango sold 4,451 BTC in February 2026 to reduce debt and free up capital for AI investments. Reported $688.1 million revenue but $452.8 million net loss, highlighting pressure from high mining costs and impairments
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