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Cango Secures $10.5M Equity Investment as Bitcoin Mining and AI Strategy Expands...
30 Dec, 2025 10:44
363 min read
Bitcoin mining and digital infrastructure firm Cango Inc. has raised $10.5 million through an equity investment from Enduring Wealth Capital Limited (EWCL). In exchange for 7 million Class B shares with enhanced voting rights, EWCL will increase its voting power to nearly 50%, strengthening its influence over corporate governance. The funds will support Cango’s expansion in global Bitcoin mining, energy optimization, and AI computing infrastructure, following its recent transition into a pure-play digital asset company after selling its legacy China business....
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Energy Markets
Lebanon signs deal to purchase natural gas from Egypt...
30 Dec, 2025 09:43
481 min read
Energy Markets
Oil prices drop to $61.50 amid rising Russia-Ukraine tensions, supply concerns...
30 Dec, 2025 09:10
348 min read
Energy Markets
Global Middle East & Africa Industrial Boilers Market is projected to reach the value of $ 890.52 Billion by 2030...
29 Dec, 2025 09:22
313 min read
Energy Markets
Oil prices rise to $61.40 as investors weigh implications of Trump-Zelenskiy talks...
29 Dec, 2025 09:00
335 min read
Energy Markets
Oil rises as investors weigh outcome of Trump–Zelenskiy meeting...
29 Dec, 2025 08:57
314 min read
Energy Markets
UAE gold prices rise to AED543.25 as global rates hit new high on rising Fed rate cut bets...
26 Dec, 2025 08:22
338 min read
Energy Markets
Oil prices hold steady at $62.23 as traders assess supply risks amid rising geopolitical tensions...
26 Dec, 2025 08:14
285 min read
Energy Markets
Faraday Future Middle East signs strategic cooperation MoU with RAK Digital Assets Oasis...
25 Dec, 2025 12:14
410 min read