Press Release Bitcoin Mining/Energy Infrastructure 1 min read

Cango Inc. Acquires 50 MW Bitcoin Mining Facility in Georgia, Laying Groundwork for Future Energy Strategy

Cango Inc. (NYSE: CANG) acquired a fully operational 50 MW Bitcoin mining facility in Georgia, USA, for $19.5 million in cash, marking its transition into managing a portfolio of Bitcoin mining and energy infrastructure.

Cango Inc. 50 MW Bitcoin Mining Facility in Georgia
Press ReleaseAugust 12, 2025
Cango Inc.

Cango Inc. (NYSE: CANG) acquired a fully operational 50 MW Bitcoin mining facility in Georgia, USA, for $19.5 million in cash, marking its transition into managing a portfolio of Bitcoin mining and energy infrastructure.

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