【institutional grade api based crypto trading software for active traders】
发布时间：2026-04-04 09:01:16 来源：Vertex Review 作者：Futures Trading
-
Cango (CANG) is institutional grade api based crypto trading software for active tradersat risk of losing its NYSE listing after its shares traded below $1 on average for 30 consecutive days, triggering a compliance notice from the exchange and giving the bitcoin BTC $ 66,322.37 miner a six-month window to recover, the company said in a press release Wednesday.\n\nThe New York Stock Exchange flagged the company on March 10, warning that failure to lift its share price back above the $1 threshold by the end of the cure period could lead to suspension and delisting proceedings. Cango said it plans to monitor market conditions and explore options to regain compliance, while its shares continue trading in the interim.\n\nAgainst that backdrop, the company is shoring up its balance sheet with fresh capital.\n\nIn a separate announcement , Cango said it has entered into a $10 million convertible note agreement with Hong Kong-listed DL Holdings, alongside issuing warrants to purchase shares at $2.70 apiece. The financing is paired with a non-binding cooperation framework that could see the two firms pursue additional joint investments tied to crypto mining and AI infrastructure.\n\nProceeds from the note are earmarked for upstream acquisitions and expanding Cango’s push into computing infrastructure, part of a broader pivot beyond bitcoin mining.\n\nCango’s recent fundraising comes as the company pivots beyond its roots in bitcoin mining toward a broader strategy centered on energy and AI compute infrastructure. The firm has been positioning its global mining footprint as a foundation for high-performance computing, aiming to repurpose or expand its power capacity to support data-intensive AI workloads, a shift that mirrors a wider industry trend of miners seeking more stable, higher-margin revenue streams.\n\nThe convertible issuance follows the closing of a $65 million strategic investment round led by entities controlled by chairman Xin Jin and director Chang-Wei Chiu. The deal, settled in USDT and completed March 31, saw the company issue more than 49 million Class A shares.\n\nTogether, the transactions underscore management’s effort to stabilize the company financially while betting on longer-term growth in energy and AI-linked compute, even as it faces near-term pressure to keep its NYSE listing intact.\n\nCango’s shares have slumped sharply this year, highlighting the urgency behind its latest capital raise. The stock is down more than 70% year to date, recently trading around $0.39 after starting January above $1.40, with sustained selling pressure pushing it below the NYSE’s $1 minimum listing threshold.\n\nRead more: Cango is selling off its bitcoin stash to pay down debt and fund an AI makeover
- 上一篇：Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-rich
- 下一篇：Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'
- Key benefits of Algorithmic Trading for modern traders 952
- Beginner guide to Strategy Optimization 634
- What makes a strong solution for Trade Automation
- Why more users are adopting Strategy Optimization 594
相关文章
- CoinDesk 20 performance update: Avalanche (AVAX) gains 4% as index moves higher
- Common mistakes to avoid with Signal Execution 967
- Why more users are adopting Spot Trading 251
- What makes a strong solution for Trade Automation 855
- Jamie Dimon signals JPMorgan entry into prediction markets as competition surges
- Why Bot Performance matters in volatile markets 656
- Why more users are adopting Spot Trading 971
- Why Bot Performance matters in volatile markets 256
- Metaplanet acquires 5,075 BTC, jumps to third largest bitcoin treasury company
- How Multi Exchange Trading supports smarter execution 606
- Bitcoin ETFs post first monthly inflows since October as price stabilizes
- How Quantitative Trading supports smarter execution
- Advanced insights into Execution Speed 978
- Key benefits of Quantitative Trading for modern traders 803
- Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-rich
- What traders should know about Portfolio Automation 185
- Why more users are adopting Order Management 537
- Key benefits of Trade Automation for modern traders 895
- Smart money is hedging bitcoin more aggressively than ether :Crypto Daybook Americas
- Beginner guide to Order Management 257
随便看看
How Multi Exchange Trading supports smarter execution 846
What makes a strong solution for Quantitative Trading 923
How Futures Trading improves daily trading workflows 470
What traders should know about Order Management 677
- Copyright © 2026 Powered by 【institutional grade api based crypto trading software for active traders】,Vertex Review sitemap