Cango Secures $75 Million Equity to Fund AI and Computing Expansion

Cango Inc. (NYSE: $CANG) has secured fresh equity funding to advance its computing strategy and support balance sheet strength. The Bitcoin miner confirmed a $10. 5 million investment and $65 million in additional commitments. The company said it will direct proceeds toward AI and computing infrastructure projects. source: https://www.cryptoprowl.com/releases/cango-secures-75-million-equity-to-fund-ai-and-computing-expansion-3431