Techub News Report: Bitcoin mining company Cango announced the completion of a previously disclosed $10.5 million equity investment from Enduring Wealth Capital Limited (EWCL), and signed agreements with the entity wholly owned by Chairman Xin Jin and Director Chang-Wei Chiu, who committed to invest a total of $65 million in the company. Cango stated that it will use these funds to support its expansion into artificial intelligence and computing infrastructure, and to further strengthen its balance sheet.

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