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Home»Mining»Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth 
Mining

Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth 

April 3, 2025No Comments1 Min Read
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Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations to Ursalpha Digital Limited for $351.94 million, accelerating its focus on global bitcoin mining. Cango Sheds PRC Operations to Fuel Mining Ambitions Cango’s (NYSE: CANG) cash deal includes an initial payment of $210.64 million upon […]

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See also  Ethiopia’s Affordable Hydropower and Adoption of Crypto Mining Attracts Chinese Bitcoin Miners
352M assets Bitcoin Cango Chinese eyes Growth mining Offload
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