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Cango Inc.

Kango ( (Cang) He issued an advertisement.

Cango Inc. On the extension of the deadline for closing its share Encryption The acquisitions of mining assets until July 31, 2025. This extension provides the company and sellers additional time to evaluate the potential reviews of the purchase agreement due to a preliminary intentional letter of ingredients from the wealth Capital Limited, which indicates the control of Cango and the disposal of its current business in China. Previously, Cango completed a stable cash acquisition for encryption mining machines with 32EH osteoporosis for $ 256 million in November 2024. The completion of the transactions that are stabilized remains incredible as certain conditions have not yet been met.

More about Kangu

Cango Inc. In the first place on the leadership Bitcoin Mining works, based in Shanghai, China. The company expanded its operations to the encryption assets market, where mining operations were deployed through strategic locations in North America, the Middle East, South America and East Africa. Cango also continues to operate the auto transactions service in China, with the aim of simplifying car purchases.

YTD performance performance: -16.33 %

Average trading volume: 472,861

Technical feelings sign: He sells

The maximum current market: 457.5 million dollars

See more ideas in Cang stock on Tipranks stock analysis page.

Eliminate responsibility and disclosureReporting a case

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