Cango raises capital as it faces NYSE delisting risk with shares below $1

The bitcoin miner issued a $10 million convertible note and closed a $65 million insider-led round while racing to regain compliance with exchange rules.

Early report Major update Updated Apr 1, 2026, 3:42 PM UTC

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CoinDesk: Cango raises capital as it faces NYSE delisting risk with shares below $1.

First seen Apr 1, 2026, 3:42 PM UTC Latest source Apr 1, 2026, 3:42 PM UTC

Update 1 1h ago

Cango raises capital as it faces NYSE delisting risk with shares below $1

CoinDesk •published Apr 1, 2026, 3:42 PM UTC •fetched Apr 1, 2026, 3:43 PM UTC