CANGMergersprnewswire

Cango Inc. Acquires 50 MW Bitcoin Mining Facility in Georgia, Laying Groundwork for Future Energy Strategy

Sentiment:Positive (70)

Summary

HONG KONG, Aug. 11, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), today announced the acquisition of a fully operational 50 MW mining facility in Georgia, USA, for a total cash consideration of US$19.5 million – a pivotal step marking the Company's transition...

Original Article

Read the full article from the original source for complete details and context.

Read Full Article

Article published on August 11, 2025 by prnewswire