According to PANews, Cango, a Bitcoin mining company listed on the New York Stock Exchange, has announced that its board of directors has approved a stock buyback plan. The company intends to repurchase up to $30 million worth of its issued American Depositary Shares (ADS) and Class A ordinary shares over the next 12 months, starting from April 25, 2025. As previously disclosed by Cango, the company’s total Bitcoin holdings reached 1,944 units by the end of February. Read More (Note: This news is imported from Binance news)
Cango Announces $30 Million Stock Buyback Plan (imported from Binance News)
According to PANews, Cango, a Bitcoin mining company listed on the New York Stock Exchange, has announced that its board of directors has approved a stock buyback plan. The company intends to repurchase up to $30 million worth of its issued American Depositary Shares (ADS) and Class A ordinary shares over the next 12 months, starting from April 25, 2025. As previously disclosed by Cango, the company's total Bitcoin holdings reached 1,944 units by the end of February.
