Cango Inc. Sells 4,451 Bitcoin for $305 Million to Repay Loan

Reuters

02/09

Cango Inc. announced the sale of 4,451 Bitcoin for approximately US$305 million in USDT. The proceeds were used to partially repay a Bitcoin-collateralized loan, strengthening the company’s financial position and supporting its strategic expansion into AI compute infrastructure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cango Inc. published the original content used to generate this news brief on February 09, 2026, and is solely responsible for the information contained therein.

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Sells 4,451 Bitcoin for $305 Million to Repay Loan","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Cango Inc. Sells 4,451 Bitcoin for $305 Million to Repay Loan\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cango Inc. announced the sale of 4,451 Bitcoin for approximately US$305 million in USDT. The proceeds were used to partially repay a Bitcoin-collateralized loan, strengthening the company’s financial position and supporting its strategic expansion into AI compute infrastructure.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Sells 4,451 Bitcoin for $305 Million to Repay Loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-09 19:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Cango Inc. Sells 4,451 Bitcoin for $305 Million to Repay Loan\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cango Inc. announced the sale of 4,451 Bitcoin for approximately US$305 million in USDT. The proceeds were used to partially repay a Bitcoin-collateralized loan, strengthening the company’s financial position and supporting its strategic expansion into AI compute infrastructure.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Sells 4,451 Bitcoin for $305 Million to Repay Loan\n    \n\n        Cango Inc. announced the sale of 4,451 Bitcoin for approximately US$305 million in USDT. The proceeds were used to partially repay a Bitcoin-collateralized loan, strengthening the company’s financial position and supporting its strategic expansion into AI compute infrastructure.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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