PANews reported on February 9th that, according to PR Newswire, Bitcoin miner Cango Inc. (NYSE: CANG) announced that, based on a comprehensive assessment of currentPANews reported on February 9th that, according to PR Newswire, Bitcoin miner Cango Inc. (NYSE: CANG) announced that, based on a comprehensive assessment of current
Miner Cango sold 4,451 bitcoins on the open market last weekend.
PANews reported on February 9th that, according to PR Newswire, Bitcoin miner Cango Inc. (NYSE: CANG) announced that, based on a comprehensive assessment of current market conditions and following approval from its board of directors, it completed the sale of 4,451 bitcoins on the open market over the weekend. These bitcoins were settled directly in USDT, generating a net proceeds of approximately $305 million. All USDT proceeds have been used to partially repay a loan secured by bitcoins.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Italy becomes first EU country to pass comprehensive AI law
Italy has formally passed a sweeping new law to regulate artificial intelligence, becoming the first member of the European Union to roll out comprehensive legislation in step with the bloc’s landmark AI Act. The Italian Senate granted final approval after a year of debate, concluding what Prime Minister Giorgia Meloni’s government described as a decisive […]
Share
Cryptopolitan2025/09/18 04:00
Metaplanet Forms Bitcoin-Focused Subsidiaries in Japan and the U.S.
The post Metaplanet Forms Bitcoin-Focused Subsidiaries in Japan and the U.S. appeared on BitcoinEthereumNews.com. Metaplanet (3350), the largest bitcoin BTC$116,183.54 treasury company in Japan, said it established two subsidiaries — one in Japan and one in the U.S. — and bought the bitcoin.jp domain name as it strengthens its commitment to the largest cryptocurrency. Bitcoin Japan Inc., will be based in Tokyo and manage a suite of bitcoin-linked media, conferences and online platforms, including the internet domain and Bitcoin Magazine Japan. The U.S. unit, Metaplanet Income Corp., will be based in Miami and focus on generating income from bitcoin-related financial products, including derivatives, the company said in a post on X. Metaplanet noted it launched a bitcoin income generation business in the last quarter of 2024 and aims to further scale these operations through the new subsidiary. Both the wholly owned subsidiaries are led in part by Metaplanet CEO Simon Gerovich. Earlier this month, the firm brought its bitcoin holdings to over 20,000 BTC. It’s currently the world’s sixth-largest bitcoin treasury company, with 20,136 BTC in its balance sheet, according to BitcoinTreasuries data. The leading firm, Strategy (MSTR), has 638,985 BTC. The subsidiaries are being established shortly after the company announced plans to raise a net 204.1 billion yen ($1.4 billion) in an international share sale to bolster its BTC holdings. Metaplanet stock dropped 1.16% on Wednesday. Source: https://www.coindesk.com/business/2025/09/17/metaplanet-sets-up-u-s-japan-subsidiaries-buys-bitcoin-jp-domain-name
Share
BitcoinEthereumNews2025/09/18 06:12
![[LIVE] Crypto News Today: Latest Updates for Sept. 18, 2025 – Bitcoin Pushes Towards $118K as Fed Rate Cut Sparks Broad Crypto Rally](https://static.coinstats.app/news/source/1716914275457.png)
[LIVE] Crypto News Today: Latest Updates for Sept. 18, 2025 – Bitcoin Pushes Towards $118K as Fed Rate Cut Sparks Broad Crypto Rally
Follow up to the hour updates on what is happening in crypto today, September 18. Market movements, crypto news, and more!
Share
Coinstats2025/09/18 12:23