当前位置:首页 > Trading Strategies > 【smart crypto strategy backtesting platform with strategy backtesting】 正文
【smart crypto strategy backtesting platform with strategy backtesting】
时间:2026-04-11 08:05:20 来源:Secure Block Markets 作者:Auto Trading 阅读:395次
Cango (CANG) is smart crypto strategy backtesting platform with strategy backtestingat 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
(责任编辑:Auto Trading)
上一篇:Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-rich
下一篇:Bitcoin’s crashes are shrinking, and Wall Street is starting to notice
下一篇:Bitcoin’s crashes are shrinking, and Wall Street is starting to notice
相关内容
- ·Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds
- ·CZ says SBF asked for billions 'like a Bologna sandwich' as FTX collapsed
- ·Bitcoin holds steady as sentiment hits worst levels since Iran war began
- ·'A whole civilization will die': Crypto markets under pressure as Trump ups rhetoric towards Iran
最新内容
- ·The bitcoin treasury boom is unwinding as some companies and governments sell holdings
- ·Advanced insights into Quantitative Trading 303
- ·What traders should know about Order Management
- ·What makes a strong solution for Algorithmic Trading 912
- ·Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs
- ·Common mistakes to avoid with Risk Management 384
- ·How to evaluate a platform for Trading Dashboard 328
- ·How Futures Trading improves daily trading workflows 790
- ·The bitcoin treasury boom is unwinding as some companies and governments sell holdings
- ·How Automated Crypto Trading improves daily trading workflows 801
热点内容
- ·Beyond T-bills: OpenEden introduces tokenized high-yield corporate bond
- ·Advanced insights into Quantitative Trading 143
- ·Why Bot Performance matters in volatile markets 816
- ·Advanced insights into Trade Automation 715
- ·The bitcoin treasury boom is unwinding as some companies and governments sell holdings
- ·Key benefits of Multi Exchange Trading for modern traders 186
- ·How Futures Trading supports long term strategy development 330
- ·How Execution Speed supports smarter execution 778
- ·Galaxy Digital's testnet suffers hack but no client funds or information were compromised
- ·Beginner guide to Webhook Trading 920













