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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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⚡️Kango is selling auto business for $352 million to focus on Bitcoin mining
Cango has agreed to sell its auto finance business to Ursalfa Digital for $352 million. Following the sale, Cango will become Bitmain’s trusted partner in bitcoin mining. The deal will see an initial payment of $210.6 million, with the remainder contingent on tax obligations and credit risk mitigation.
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