Feb 10 2026TECHNOLOGY
Mining Money Moves: Bitcoin Sale Fuels AI Plans
Cango, a big name in bitcoin mining, sold 4, 451 bitcoins for about $305 million. The money came from a Tether (USDT) sale that helped the company pay off a loan backed by its own bitcoin. This move also lightened Cango’s debt load and gave the firm a cushion to jump into building AI data centers.
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