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Cango offloads $305M in Bitcoin to fast-track AI infrastructure shift – TON BOT

Cango offloads $305M in Bitcoin to fast-track AI infrastructure shift

Cango Inc. sold $305M worth of Bitcoin to repay a loan, reduce leverage, and focus on AI infrastructure. The company plans to continue mining Bitcoin while expanding into AI computing services. The sale comes as competitors shift away from mining towards AI infrastructure due to tightening margins.


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