Cango Closes $10.5 Million Investment, Secures $65 Million in New Equity Commitments

Cango Closes $10.5 Million EWCL Investment, Secures $65 Million in New Equity CommitmentsBitcoin mining company Cango Inc. said Feb. 12 it closed a previously announced $10.5 million equity investment from Enduring Wealth Capital Ltd. and entered definitive agreements for an additional $65 million of Class A equity investments from entities wholly owned by Chairman Xin Jin and director Chang‑Wei Chiu, with purchases priced at $1.32 per Class […]

Source: https://news.bitcoin.com/cango-closes-10-5-million-investment-secures-65-million-in-new-equity-commitments/