Cango disclosed the sale of 2,000 Bitcoins in March, with Bitcoin reserves decreasing to 1,025.69 coins.

Golden Finance reports that Cango, a U.S.-listed Bitcoin mining company, released its March operating update report. It disclosed that in March it produced 27.98 BTC from self-mining, and also completed a strategic sale of 2,000 Bitcoins. The proceeds were used to repay its BTC collateralized loans. As of the end of March, the total outstanding BTC collateralized loan amount was $30.6 million, and its Bitcoin reserves fell to 1,025.69 BTC.

BTC3,98%
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