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Cango adds Bitcoin mining to its investment portfolio
Strategic move
Chinese company Cango, specialized in automotive technology, has announced its entry into the Bitcoin mining sector as part of its diversification of digital assets.
Its new goal
Cango aims to enhance its revenues by expanding its mining operations, leveraging the existing energy infrastructure in China.
The market is watching
This move positions Cango among a group of non-tech companies that are turning to cryptocurrencies, opening the door to a new wave of institutional adoption.
#CangoBitcoin #BitcoinChina #DigitalAssets #BTCMining
