Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., for $19.5 million. Cango Acquires 50 MW Bitcoin Mine The New York Stock Exchange-listed company (NYSE: CANG) announced the acquisition on Aug. 11, 2025. This marks Cango’s first step in increasing its portfolio of owned and operated mining sites. The […]
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Cango Acquires Georgia Bitcoin Mining Facility for $19.5 Million
- by Megan Forsyth
- August 11, 2025
- 0 Comments
- Less than a minute
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- 4 weeks ago

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