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Cango reduced bitcoin reserves by selling 2,000 bitcoins in March

Cango reduced bitcoin reserves by selling 2,000 bitcoins in March

AIcoinAIcoin2026/04/08 12:21
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US-listed Bitcoin mining company Cango has released its March operational update. In March, it self-mined 27.98 BTC and sold 2,000 Bitcoin to repay BTC-collateralized loans. As of the end of March, the outstanding balance of Bitcoin-collateralized loans was $30.6 million, and Bitcoin reserves dropped to 1,025.69 BTC.
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