Cango Reports Sale of 2,000 Bitcoins in March, Bitcoin Reserves Drop to 1,025.69 BTC

AirdropBlackHole · 2026-04-09T08:24:07+00:00

Cango, a US-listed Bitcoin mining firm, mined 27.98 BTC in March and sold 2,000 BTC to repay loans, leaving $30.6 million in collateralized loans and reducing Bitcoin reserves to 1,025.69 BTC.

AirdropBlackHole

2026-04-09 08:24:07

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Cango, a Bitcoin mining company listed on the US stock market, released its operational update for March, revealing that it mined 27.98 BTC during the month and completed a strategic sale of 2,000 Bitcoins. The proceeds from this sale were used to repay BTC collateralized loans. As of the end of March, the company’s outstanding Bitcoin collateralized loan totaled $30.6 million, and its Bitcoin reserves have decreased to 1,025.69 BTC.

BTC1,2%

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