Bitcoin mining company Cango completes $10.5 million equity financing and receives an additional $65 million investment commitment

SmartContractAuditor · 2026-02-12T12:41:16+00:00

Bitcoin mining company Cango completes a $10.5 million investment from Enduring Wealth Capital Limited and signs an agreement to secure an additional $65 million in funding, planned for expanding artificial intelligence and computing infrastructure, and strengthening the balance sheet.

SmartContractAuditor

2026-02-12 12:41:16

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Odaily Planet Daily News: The Bitcoin mining company Cango listed on the New York Stock Exchange announced the completion of a previously disclosed equity investment of $10.5 million from Enduring Wealth Capital Limited (EWCL), and signed an agreement with the entity wholly owned by Chairman Xin Jin and Director Chang-Wei Chiu, who 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, and to further strengthen its balance sheet. (PRNewswire)

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