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CANG
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Cango stock surges over 20% following Buy initiation at Jones Trading
Investing.com -- Shares of Cango Inc (NYSE:CANG) surged over 20% in Monday trading after Wall Street firm Jones Trading launched coverage on the company with a Buy rating and a $4.00 price target. Bullish commentary from analyst Kevin Dede…
Cango regains NYSE compliance following 10-for-1 share reverse split
[Compliance Concept. The meeting] Cango (CANG [https://seekingalpha.com/symbol/CANG]) announced that it has received formal written notification from the New York Stock Exchange confirming the company has regained compliance [https://seeki…
Cango Inc. Q2 2026 Earnings Call Summary - Moby Strategic Transition and Operational Optimization Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick…
As Bitcoin (BTC) has been crashing over the last few months, several cryptocurrency companies have been selling their BTC holdings. Bitdeer Technologies Group (Nasdaq: BTDR), one of the largest Bitcoin mining companies, has fully liquidate…
Cango sets July 20 effective date for 10-for-1 share consolidation amid NYSE price deficiency
Cango (NYSE: CANG) set July 20 as the date for a 10-for-1 consolidation of its Class A and Class B ordinary shares on Friday. Cango expects its Class A shares to begin trading on a post-consolidation basis when the New York Stock Exchange…
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Alpha Tau Medical Ltd. DRTS is a clinical-stage oncology therapeutics company. The Zacks Consensus Estimate for its current year earnings has been revised 34% downw…
Image source: The Motley Fool. Date Wednesday, May 14, 2025 at 9 p.m. ET Call participants Chief Executive Officer — Jiayuan Lin Chief Financial Officer — Yongyi Zhang Full Conference Call Transcript Jiayuan Lin: Hi, everyone, and welcome…
Image source: The Motley Fool. Date Wednesday, May 14, 2025 at 9 p.m. ET Call participants Chief Executive Officer — Jiayuan LinChief Financial Officer — Yongyi Zhang Takeaways Total revenue -- $145 million was reported, with Bitcoin(CRYPT…
Image source: The Motley Fool. Date Monday, December 1, 2025 at 8 p.m. ET Call participants Chief Executive Officer — Peng Yu Chief Financial Officer — Yongyi Zhang Full Conference Call Transcript Peng Yu: Hello, everyone, and welcome to C…
Image source: The Motley Fool. DATE Monday, November 4, 2024 at 8 p.m. ET CALL PARTICIPANTS Chief Executive Officer — Jiayuan Lin Financial Director — Ruiyan Full Conference Call Transcript Jiayuan Lin: [Foreign Language]. Hello, everyone,…
Image source: The Motley Fool. Date Thursday, August 29, 2024 at 9 p.m. ET Call participants Chief Executive Officer — Jiayuan Lin Chief Financial Officer — Yongyi Zhang Full Conference Call Transcript Jiayuan Lin: Hello everyone and welco…
Another crypto company sells Bitcoin amid 50% crash
Despite the momentary recovery following the U.S.-Iran ceasefire announcement on April 7, Bitcoin (BTC) is still trading 43% lower than the all-time high (ATH) of $126,080 it hit on Oct. 6 last year. Several leading miners such as MARA Hol…
Bitcoin Price Prediction as Companies Dump Their Bitcoin
Quick Read Public companies including MARA, Riot, Cango, and Bitdeer have sold billions in Bitcoin in 2026, mostly to repay convertible debt or fund pivots into AI infrastructure. Strategy absorbed more supply than every other company sold…
Bitcoin Miner Cango Raises $75M, NYSE Issues Delisting Notice AI infrastructure and Bitcoin mining firm Cango (NYSE: $CANG) said it raised a total of US$75 million on Wednesday while also working to address a recent delisting warning from…
Another bitcoin miner quietly pivots to AI after $452 million loss
The Bitcoin mining business has started to sound a little different lately. Not long ago, the pitch was scale, efficiency and long-term exposure to Bitcoin. Now, most miners are talking about leases, hosting and compute. Well, there is a b…
Asian Equities Traded in the US as American Depositary Receipts Fall in Friday Trading
Asian equities traded in the US as American depositary receipts were sharply lower Friday morning, d PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
Asian Equities Traded in the US as American Depositary Receipts Start Week Slightly Higher in Monday Trading
Asian equities traded in the US as American depositary receipts opened the week modestly higher Mond PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
Asian Equities Traded in the US as American Depositary Receipts Decline in Thursday Trading
Asian equities traded in the US as American depositary receipts were tracking lower Thursday morning PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Tuesday Trading
Asian equities traded in the US as American depositary receipts were sharply lower Tuesday morning, PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium ne…
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Tuesday Trading
Asian equities traded in the US as American depositary receipts were sharply higher Tuesday morning, PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
Bitcoin Miner Cango Dumps $305 Million in BTC to Fuel AI Pivot
Publicly traded Bitcoin miner Cango (CANG) parted ways with 4,451 BTC this weekend, raising approximately $305 million as it aims to fuel its expansion into providing compute power for the artificial intelligence (AI) boom. The firm used a…
NYSE-listed firm dumps millions in Bitcoin to repay loan
Cango (NYSE: CANG), a Bitcoin (BTC) mining company, said it sold 4,451 BTC over the weekend, generating net proceeds of about $305 million as it moves to reduce leverage tied to a bitcoin-collateralized loan. The company said on Feb. 9 the…
Bitcoin miner Cango sold $305 million of BTC during market slump to fund AI shift
Bitcoin miner Cango (CANG) completed the sale 4,451 BTC over the weekend, raising roughly $305 million in USDT as it looks to reduce leverage and reposition its business around artificial intelligence infrastructure. The company said it ra…
Cango sells $305 million in bitcoin to pay down debt amid AI shift
Bitcoin miner Cango (NYSE: CANG) has sold 4,451 bitcoin to repay debt, with the company generating approximately $305 million from the sale at an implied average price of $68,524 per coin. Cango utilized the full amount to repay a portion…
January rally bolsters near-term outlook for bitcoin mining stocks, JPMorgan says
Bitcoin (BTC) mining stocks kicked off 2026 on a strong note, buoyed by falling network competition and fresh enthusiasm around high-performance computing (HPC), Wall Street bank JPMorgan said in the Monday report. The bank noted that the…
Asian Equities Traded in the US as American Depositary Receipts Slightly Higher in Tuesday Trading
Asian equities traded in the US as American depositary receipts were trending slightly higher Tuesda PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
Bitcoin mining stock prices diverge sharply in 2025 as AI pivots drive gains
Bitcoin mining companies that diversified into AI and high-performance computing (HPC) outperformed pure-play cryptocurrency miners in 2025. IREN (NASDAQ: IREN) and Cipher (NASDAQ: CIFR) led the sector with triple-digit stock returns follo…
Cango mines 569 bitcoin in December 2025 as it eyes AI business line
Cango (NYSE: CANG) released its operational update Monday, with the company reporting that it mined 569 bitcoin in December 2025. This figure represents an increase from the 546.7 bitcoin Cango produced in November. Cango attributed the hi…
Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading
Asian equities traded in the US as American depositary receipts opened the week lower Monday morning PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Zumiez Inc. ZUMZ: This retail apparel and footwear company has seen the Zacks Consensus Estimate for its current year earnings increasing 73.8% over the last 60 days.…
Asian Equities Traded in the US as American Depositary Receipts Surge in Friday Trading
Asian equities traded in the US as American depositary receipts were surging higher in Friday tradin PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…
Bitdeer monthly bitcoin production jumps 251% as hashrate hits 45.7 EH/s
Bitdeer (NASDAQ: BTDR) announced Monday it mined 526 bitcoin in November 2025, representing a 251% increase compared to the same period last year. The company attributed the production growth to the continued deployment of its proprietary…
Cango (CANG [https://seekingalpha.com/symbol/CANG]) has released its monthly update [https://seekingalpha.com/pr/20330116-cango-inc-announces-november-2025-bitcoin-production-and-mining-operations-update] for November 2025, detailing produ…
Asian Equities Traded in the US as American Depositary Receipts Little Changed in Thursday Trading
Asian equities traded in the US as American depositary receipts were little changed Thursday morning PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium n…