【customizable crypto paper trading and backtesting tool with paper trading】
发布时间：2026-04-04 10:02:11 来源：Prime Momentum Analytics Watch 作者：Quant Trading
-
Cango (CANG) is customizable crypto paper trading and backtesting tool with paper tradingat 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
- 上一篇：Cango raises capital as it faces NYSE delisting risk with shares below $1
- 下一篇：Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs
- Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week
- SoFi announces 24/7 banking hub that blends traditional cash with crypto
- Crypto rebounds as oil dips on Trump comments, but derivatives signal weak conviction
- Ethereum Foundation stakes another $93 million ether, reaching its 70,000 ETH target
相关文章
- Cango raises capital as it faces NYSE delisting risk with shares below $1
- Key benefits of Quantitative Trading for modern traders 803
- Beginner guide to Strategy Optimization 634
- Why more users are adopting Webhook Trading 880
- Metaplanet acquires 5,075 BTC, jumps to third largest bitcoin treasury company
- How Signal Execution improves daily trading workflows 367
- Beginner guide to Strategy Backtesting
- How Mobile Trading App improves daily trading workflows 939
- The bitcoin treasury boom is unwinding as some companies and governments sell holdings
- How Signal Execution supports long term strategy development 307
- Bitcoin’s crashes are shrinking, and Wall Street is starting to notice
- Advanced insights into Execution Speed 978
- Why Futures Trading matters in volatile markets 130
- Key benefits of Trade Automation for modern traders 735
- Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.
- What traders should know about Webhook Trading 940
- How Quantitative Trading supports smarter execution 103
- How to evaluate a platform for Strategy Optimization 454
- The bitcoin treasury boom is unwinding as some companies and governments sell holdings
- How Algorithmic Trading supports smarter execution 172
随便看看
Smart money is hedging bitcoin more aggressively than ether :Crypto Daybook Americas
Crypto rebounds as oil dips on Trump comments, but derivatives signal weak conviction
Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.
The Protocol: Quantum computing could break Bitcoin sooner, says Google
- Copyright © 2026 Powered by 【customizable crypto paper trading and backtesting tool with paper trading】,Prime Momentum Analytics Watch sitemap