According to PANews, Cango, a Bitcoin mining company listed on the New York Stock Exchange, has announced that its board of directors has approved a stock buyback plan. The company intends to repurchase up to $30 million worth of its issued American Depositary Shares (ADS) and Class A ordinary shares over the next 12 months, starting from April 25, 2025. As previously disclosed by Cango, the company's total Bitcoin holdings reached 1,944 units by the end of February.

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