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Stock impact report

Cango Receives Buy Rating, Upbeat on its Asset-light Mining Model and AI Potential

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: PR Newswire
DALLAS, Texas, Dec. 24, 2025 /PRNewswire/ -- Greenridge Capital has initiated coverage on Cango Inc. (NYSE: CANG) ("Cango" or the "Company") with a buy rating and US$4.00 target price, noting that Cango appears to be "mispriced and overlooked by the market given its market leading Bitcoin mining status and asset-light model for entry into the high-performance computing (HPC) market."According to the Greenridge Capital report, Cango is trading below the value of its assets, which include liquid holdings in cash and over US$600 million in BTC held under a strict HODL strategy, a 50 EH/s globally distributed mining portfolio, and a 50MW data center in the U.S. state of Georgia (acquired in Q3 of 2025). The report also points out ongoing cost reduction measures, suggesting operational discipline, and Cango's ability to capitalize on future opportunities with its strong financial position.Looking ahead, Cango's strategy to diversify revenue and enhance profitability focuses on securing con Show less Read more
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