Cango discloses selling 2,000 BTC in March, and its Bitcoin holdings drop to 1,025.69 BTC

GateNews
BTC5,28%

Gate News message: On April 8, the U.S.-listed Bitcoin miner Cango released a March operating update report. The report shows that in March, the company produced 27.98 BTC from self-mining and completed a strategic sale of 2,000 Bitcoins. The proceeds were used to repay BTC collateral loans. As of the end of March, the company’s outstanding Bitcoin collateral loans totaled $30.60 million, and its Bitcoin reserves fell to 1,025.69 BTC.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments