<![CDATA[Bitcoin Miner Cango Sells 2,000 BTC to Cut Debt]]>35f51ed0-2876-47fc-8b11-7e082603ed2b-image.png
Cango just sold 2,000 BTC in March 2026, using the proceeds to reduce its Bitcoin-backed loans.

After the move:
• Treasury: 1,025.69 BTC
• Remaining debt: $30.6M

The company also secured fresh capital, including:
• $65M equity investment from leadership
• $10M convertible bond from DL Holdings

Cango says this strengthens its balance sheet as it prepares to expand into AI and energy infrastructure.

]]>https://undeads.com/forum/topic/18309/bitcoin-miner-cango-sells-2-000-btc-to-cut-debtRSS for NodeTue, 05 May 2026 06:59:22 GMTSat, 11 Apr 2026 03:32:08 GMT60<![CDATA[Reply to Bitcoin Miner Cango Sells 2,000 BTC to Cut Debt on Sat, 11 Apr 2026 05:10:02 GMT]]>bitcoin maxis watching miners sell like this 👀

]]>https://undeads.com/forum/post/49538https://undeads.com/forum/post/49538Sat, 11 Apr 2026 05:10:02 GMT