Bitcoin miner Cango sold $305 million of BTC during market slump to fund AI shift

Market Intelligence Analysis

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Why This Matters

Bitcoin miner Cango sold $305 million worth of BTC to fund its shift towards AI infrastructure, deploying modular GPU units across 40+ global sites for on-demand AI inference capacity.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

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The company plans to deploy modular GPU units across 40+ global sites to provide on-demand AI inference capacity for small and mid-sized businesses.

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Original article published by CoinDesk on February 9, 2026.
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