Cangu Group announces new equity investment in EWCL

BlockBeats News, December 30th, according to official sources, Bitcoin miner Cangu Group announced that Enduring Wealth Capital Limited (EWCL) has decided to increase its holdings of Class B common shares of Cangu Group. EWCL holds approximately 36.68% of the total voting rights of issued shares of Cangu Group and has decided to subscribe for additional Class B common shares of Cangu Group in cash. According to the investment agreement signed between Cangu Group and EWCL on December 29, 2025, Cangu Group will issue and deliver 7,000,000 Class B common shares to EWCL, each with 20 voting rights. EWCL will subscribe for and purchase these shares at a total purchase price of $10,500,000, i.e., $1.5 per share. This investment will deepen the resource binding between Cangu Group and EWCL. EWCL and its management team, with a strong background in crypto mining and computing infrastructure, will provide core resource support for Cangu Group’s 50 EH/s hash rate operations and AI transformation. Additionally, it further enhances Cangu Group’s financial reserves, providing sufficient funds for its 2026 expansion of AI/HPC business. Market-wise, this move validates the valuation judgment of institutions like Greenridge that target a $4.00 price, indicating that Cangu’s current asset value, including BTC reserves and hash rate equipment valuation, is severely undervalued.