News
February 09, 2026
Bitcoin Miner Cango Dumps $305 Million in BTC to Fuel AI Pivot
GG AI Summary
Cango, a publicly traded Bitcoin mining company, has sold $305 million worth of Bitcoin to finance its transition towards artificial intelligence initiatives. This strategic pivot highlights a growing trend among miners to diversify their operations beyond cryptocurrency mining.
Sentiment:
61%
Bullish
Cango is the latest publicly traded Bitcoin miner to embrace AI, and it's fueling that push by selling a bunch of Bitcoin.
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