Cango Closes $10.5 Million Investment, Secures $65 Million in New Equity Commitments
Bitcoin mining company Cango Inc. said Feb. 12 it closed a previously announced $10. 5 million equity investment from Enduring Wealth Capital Ltd. and entered definitive agreements for an additional $65 million of Class A equity investments from entities wholly owned by Chairman Xin Jin and director Chang‑Wei Chiu, with purchases priced at $1. 32 per Class […]
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