时间：2026-04-05 11:26:12 来源：Intelligent Smart Trading

Cango (CANG) is algorithmic futures and spot trading automation platform with risk managementat risk of losing its NYSE listing after its shares traded below $1 on average for 30 consecutive days, triggering a compliance notice from the exchange and giving the bitcoin BTC $ 66,322.37 miner a six-month window to recover, the company said in a press release Wednesday.\n\nThe New York Stock Exchange flagged the company on March 10, warning that failure to lift its share price back above the $1 threshold by the end of the cure period could lead to suspension and delisting proceedings. Cango said it plans to monitor market conditions and explore options to regain compliance, while its shares continue trading in the interim.\n\nAgainst that backdrop, the company is shoring up its balance sheet with fresh capital.\n\nIn a separate announcement , Cango said it has entered into a $10 million convertible note agreement with Hong Kong-listed DL Holdings, alongside issuing warrants to purchase shares at $2.70 apiece. The financing is paired with a non-binding cooperation framework that could see the two firms pursue additional joint investments tied to crypto mining and AI infrastructure.\n\nProceeds from the note are earmarked for upstream acquisitions and expanding Cango’s push into computing infrastructure, part of a broader pivot beyond bitcoin mining.\n\nCango’s recent fundraising comes as the company pivots beyond its roots in bitcoin mining toward a broader strategy centered on energy and AI compute infrastructure. The firm has been positioning its global mining footprint as a foundation for high-performance computing, aiming to repurpose or expand its power capacity to support data-intensive AI workloads, a shift that mirrors a wider industry trend of miners seeking more stable, higher-margin revenue streams.\n\nThe convertible issuance follows the closing of a $65 million strategic investment round led by entities controlled by chairman Xin Jin and director Chang-Wei Chiu. The deal, settled in USDT and completed March 31, saw the company issue more than 49 million Class A shares.\n\nTogether, the transactions underscore management’s effort to stabilize the company financially while betting on longer-term growth in energy and AI-linked compute, even as it faces near-term pressure to keep its NYSE listing intact.\n\nCango’s shares have slumped sharply this year, highlighting the urgency behind its latest capital raise. The stock is down more than 70% year to date, recently trading around $0.39 after starting January above $1.40, with sustained selling pressure pushing it below the NYSE’s $1 minimum listing threshold.\n\nRead more: Cango is selling off its bitcoin stash to pay down debt and fund an AI makeover

上一篇：Jamie Dimon signals JPMorgan entry into prediction markets as competition surges
下一篇：Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-rich

• ·Smart money is hedging bitcoin more aggressively than ether :Crypto Daybook Americas
• ·Why more users are adopting Spot Trading 571
• ·Common mistakes to avoid with Market Analysis 693
• ·Key benefits of Trade Automation for modern traders 975
• ·Solana DeFi platform Drift confirms 'active attack' as $200M+ leaves platform
• ·How to evaluate a platform for Strategy Optimization 454
• ·Why Signal Execution matters in volatile markets 107
• ·How to evaluate a platform for Order Management 877
• ·Crypto Long & Short: Governance is the real Layer 1
• ·How to evaluate a platform for Portfolio Automation 145
• ·How to evaluate a platform for Portfolio Automation 545
• ·Why Risk Management matters in volatile markets 484
• ·The bitcoin treasury boom is unwinding as some companies and governments sell holdings
• ·How Execution Speed supports smarter execution 618
• ·What traders should know about Spot Trading 791
• ·Common mistakes to avoid with Bot Performance 556