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Stock impact report

Another crypto company sells Bitcoin amid 50% crash [Yahoo! Finance]

Cango Inc. Class A Ordinary Shares (CANG) 
Last cango inc. class a ordinary shares earnings: 3/23 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Several leading miners such as MARA Holdings (Nasdaq: MARA) and Bitdeer (Nasdaq: BTDR) have been selling Bitcoin in recent months. Then, there is the lure of artificial intelligence (AI) too. Related: What is Bitcoin mining? Explained These companies have a ready infrastructure, and the slump in Bitcoin price has only encouraged them to transition to AI operations. Now, another miner has announced a massive Bitcoin sale in its pursuit of an AI pivot and loan reduction. More News: Leading miners sell Bitcoin as market plunges Popular miner cuts 15% staff days after selling $1.1 billion in Bitcoin Popular Bitcoin miner sells entire treasury Cango sells 2,000 Bitcoin in March Cango Inc. (NYSE: CANG) is a Bitcoin mining company, with operations spread across North America, the Middle East, South America, and East Africa. On Apr. 8, the company released its March operational report and revealed that it sold 2,000 Bitcoin last month. Cango said it made the strategic Show less Read more
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