BlockBeats News, June 27th, Cango announced that it has completed the acquisition of 18 EH/s of Bitcoin hashrate from Bitmain-affiliated Antalpha, bringing its total hashrate to over 50 EH/s. This makes Cango the third publicly listed mining company to reach this scale after MARA and CleanSpark. The transaction was completed through the issuance of approximately 146.7 million shares. The acquired equipment is already operational in the United States, with multiple sellers collectively holding a 41.38% stake.
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