Greenridge Capital Initiates Cango Inc. With Buy Rating and $4.00 Price Target

Reuters

Yesterday

Greenridge Capital Initiates Cango Inc. With Buy Rating and $4.00 Price Target

Greenridge Capital has initiated coverage on Cango Inc. $(CANG)$ with a buy rating and a US$4.00 target price, citing the company’s strong positioning in Bitcoin mining and its asset-light approach to entering the high-performance computing (HPC) market. The report notes that Cango is currently undervalued, given its substantial liquid assets, a significant Bitcoin holding, a 50 EH/s mining portfolio, and a recently acquired 50MW data center in Georgia. Greenridge Capital’s valuation uses both EV/Adjusted EBITDA and P/E multiples, and does not yet factor in potential upside from Cango’s expanding energy infrastructure projects, including pilot power generation initiatives in Oman and Indonesia.

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 via CNW (Ref. ID: C4685) on December 24, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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With Buy Rating and $4.00 Price Target","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      Greenridge Capital Initiates Cango Inc. With Buy Rating and $4.00 Price Target\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Greenridge Capital has initiated coverage on Cango Inc. <a href=\"https://laohu8.com/S/CANG\">$(CANG)$</a> with a buy rating and a US$4.00 target price, citing the company’s strong positioning in Bitcoin mining and its asset-light approach to entering the high-performance computing (HPC) market. The report notes that Cango is currently undervalued, given its substantial liquid assets, a significant Bitcoin holding, a 50 EH/s mining portfolio, and a recently acquired 50MW data center in Georgia. 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With Buy Rating and $4.00 Price Target\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\">2025-12-24 19:00</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      Greenridge Capital Initiates Cango Inc. With Buy Rating and $4.00 Price Target\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Greenridge Capital has initiated coverage on Cango Inc. <a href=\"https://laohu8.com/S/CANG\">$(CANG)$</a> with a buy rating and a US$4.00 target price, citing the company’s strong positioning in Bitcoin mining and its asset-light approach to entering the high-performance computing (HPC) market. The report notes that Cango is currently undervalued, given its substantial liquid assets, a significant Bitcoin holding, a 50 EH/s mining portfolio, and a recently acquired 50MW data center in Georgia. 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ID: C4685) on December 24, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4600","symbol_name":"加密货币概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251224:nNDL2LdSxw:1","article_id":"2593479999","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593479999","pubTimestamp":1766574030,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Greenridge Capital has initiated coverage on Cango Inc.  with a buy rating and a US$4.00 target price, citing the company’s strong positioning in Bitcoin mining and its asset-light approach to entering the high-performance computing  market. The report notes that Cango is currently undervalued, given its substantial liquid assets, a significant Bitcoin holding, a 50 EH/s mining portfolio, and a recently acquired 50MW data center in Georgia. Greenridge Capital’s valuation uses both EV/Adjusted EBITDA and P/E multiples, and does not yet factor in potential upside from Cango’s expanding energy infrastructure projects, including pilot power generation initiatives in Oman and Indonesia.Disclaimer: This news brief was created by Public Technologies  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 I","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4600":"加密货币概念","BK4122":"互联网与直销零售","CANG":"灿谷","BK4214":"汽车零售"},"translate_title":"Greenridge Capital给予Cango Inc.买入评级和4.00美元目标价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CANG":0.9},"content_text":"Greenridge Capital Initiates Cango Inc. With Buy Rating and $4.00 Price Target\n    \n\n        Greenridge Capital has initiated coverage on Cango Inc. $(CANG)$ with a buy rating and a US$4.00 target price, citing the company’s strong positioning in Bitcoin mining and its asset-light approach to entering the high-performance computing (HPC) market. The report notes that Cango is currently undervalued, given its substantial liquid assets, a significant Bitcoin holding, a 50 EH/s mining portfolio, and a recently acquired 50MW data center in Georgia. Greenridge Capital’s valuation uses both EV/Adjusted EBITDA and P/E multiples, and does not yet factor in potential upside from Cango’s expanding energy infrastructure projects, including pilot power generation initiatives in Oman and Indonesia.\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. Cango Inc. published the original content used to generate this news brief via CNW (Ref. 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