Mining Firm Cango Announces Completion of $10.5 Million Equity Financing

February 12th, according to a report by MarketWatch, U.S.-listed mining company Cango Inc. (NYSE: CANG) announced the completion of a $10.5 million equity financing from Enduring Wealth Capital Limited (EWCL). Cango stated that it will use these funds to support its expansion into artificial intelligence and computing infrastructure, and further strengthen its balance sheet.