4 articles
EWCL, linked to Bitmain, invests $10.5M in Cango by acquiring 7M Class B shares at $1.50 each, raising voting stake to 49.61%. Deal expected to close in January.
Twenty One Capital (XXI) debuted on the NYSE and fell nearly 20% on day one. The stock traded near net asset value despite a treasury of ~43,500 BTC worth about $3.9–4.0B.
Cango (CANG) mined 125.8 BTC in the reported week and now holds 7,290 BTC. We explain what this production means for the company’s revenue, treasury strategy and miners.
NYSE is accelerating cryptocurrency's access to mainstream capital by expanding public listings of crypto companies. Explore the impact and future outlook.