RE: LeoThread 2025-11-27 03-19
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BTC proxy $CANG is now listed on the NYSE
Previously on Nasdaq, the company converted American Depositary Shares into NYSE ordinary shares at a 1:2 ratio
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One of the fastest-growing mining firms, Cango accumulated a 6,773 BTC reserve in just 9 months
Cango reached 50 EH/s of hashpower, placing among the global top three
Operational efficiency has improved, with hash-rate efficiency rising from 81% in July to about 93%, and consistent output near 138 BTC per week
More than a BTC treasury play, it is a financially healthy mining company with an envisioned AI transition
Transitioning from Bitcoin mining → High-Performance Computing (HPC) → AI compute, building a global, energy-anchored compute infrastructure network
Mining sites and data centers are deployed across key energy hubs in the United States, East Africa, Oman, and Paraguay
Cango continues to draw interest from global capital markets at the intersection of traditional finance, crypto, and Web3 infrastructure
#partner