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Cango’s Transformation: From Car Loans to Bitcoin Mining Giant

Summary by NewsDio

Congo is a Chinese company originally focused on helping people access car financing in China. The company made a bold move in 2024 toward the Bitcoin mining industry. The Cango was established in 2010 and went public in 2018 and company generated revenue of $363 million in 2024. The year, company expanded its business into electric vehicles and renewable energy. On the other hand, the company made a bold move by investing extensively in the min…

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Cango’s Transformation: From Car Loans to Bitcoin Mining Giant

Congo is a Chinese company originally focused on helping people access car financing in China. The company made a bold move in 2024 toward the Bitcoin mining industry. The Cango was established in 2010 and went public in 2018 and company generated revenue of $363 million in 2024. The year, company expanded its business into electric vehicles and renewable energy. On the other hand, the company made a bold move by investing extensively in the min…

4 days ago

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NewsDio broke the news in 4 days ago on Thursday, March 27, 2025.

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