Wu Shuo learned that Bitcoin miner Cango announced that it will carry out a stock split on a 10-for-1 basis—combining every 10 shares into 1 share—at 17:00 (Eastern Time) on July 20. Its Class A common stock is expected to trade on the New York Stock Exchange at the post-split price starting July 21, with the stock ticker still being CANG. Any fractional shares resulting from the split will be rounded down and canceled, and shareholders will not receive any corresponding compensation.

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