Mining company #البيتكوين Cango sold 4,451 bitcoin for $305 million.



The company did this to reduce debt and raise capital for a transition toward artificial intelligence.

It is worth noting that the company reported revenues of $688.1 million, but recorded a net loss of $452.8 million. Cango's shares have fallen 43% over the past three months.

$BTC $BTC $ETH
BTC-5,44%
ETH-6,93%
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