Cango reaches 4,000 Bitcoins in holdings

Source
Son Min

Summary

  • Cango reported that its Bitcoin holdings have reached 4,000.
  • Cango stated that holding 4,000 BTC on the balance sheet is a very important milestone.
  • Cango previously announced it had acquired mining machines worth $256 million from Bitmain.

The Bitcoin (BTC) holdings of the Chinese automotive transaction platform Cango have nearly reached 4,000.

On the 8th (local time), Cango announced via X (formerly Twitter), "We have 4,000 BTC on our balance sheet," adding, "This is a very significant milestone."

Previously, Cango acquired mining machines worth $256 million from Bitmain.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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