Mining company Cango mined 130 BTC this week, with total holdings surpassing 7,000.

[BlockBeats] Mining company Cango has made new moves this week. According to their latest released data, they successfully mined 130.7 Bitcoins this week, bringing their BTC holdings up to 7033.1 coins. It seems the company is becoming more and more solid on the path of accumulating coins.

BTC-1.55%
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BearMarketSagevip
· 14h ago
7000 BTC, is Cango betting on the future? Or do they really understand it?
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ruggedSoBadLMAOvip
· 12-05 11:35
More than 7,000 BTC—how long would you have to hold onto that before you could cash out...
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airdrop_whisperervip
· 12-05 11:33
More than 7,000 bitcoins—this level of accumulation is insane... Cango must be bullish for the long term.
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HallucinationGrowervip
· 12-05 11:29
Accumulated over 7,000 coins, that's some serious pace.
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HashBanditvip
· 12-05 11:27
ngl, back in my mining days we'd kill for these kinds of hashrate numbers... but 7k btc sitting there? tbh the real question is what's their power consumption looking like rn. like, ROI calculations show mining margins are getting razor thin unless you're running on geothermal or something. props to cango tho, hodling strategy beats the hell outta panic selling lmaooo
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ForkThisDAOvip
· 12-05 11:16
Over 7,000 BTC? This rate of accumulation is insane. At this pace, how long will it take before they stop hoarding?
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MoneyBurnervip
· 12-05 11:08
7,000 Bitcoins? I like this pace, truly a real accumulation. On-chain data doesn't lie. At this mining rate, it’ll be fantastic when the price rebounds.
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