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Cango raises $75.5M as Bitcoin miner makes AI infrastructure pivot

Cointelegraph.com NewsThe funding follows a $305 million Bitcoin sale and increases a key investor’s voting power to nearly 50%, as the company restructures its balance sheet amid sector volatility. 

​The funding follows a $305 million Bitcoin sale and increases a key investor’s voting power to nearly 50%, as the company restructures its balance sheet amid sector volatility. 

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