Cango inc. acquires 50 mw bitcoin mining facility in georgia, laying groundwork for future energy strategy

Hong kong , aug. 11, 2025 /prnewswire/ -- cango inc. (nyse: cang) ("cango" or the "company"), today announced the acquisition of a fully operational 50 mw mining facility in georgia, usa, for a total cash consideration of us$19.5 million – a pivotal step marking the company's transition into a diverse strategy that manages a robust portfolio of bitcoin mining and energy infrastructure. this transaction represents cango's first step to steadily increase its portfolio of owned and operated mining facilities.
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