【cloud based crypto paper trading and backtesting tool software】
发布时间：2026-04-04 09:10:38 来源：Prime Momentum Analytics Watch 作者：Strategy Optimization
-
Cango (CANG) is cloud based crypto paper trading and backtesting tool softwareat 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：Bitcoin’s crashes are shrinking, and Wall Street is starting to notice
- 下一篇：Grayscale’s research head says tokenization will happen in waves and explains how to play it
- Advanced insights into Multi Exchange Trading 246
- Why more users are adopting Portfolio Automation 925
- What makes a strong solution for Execution Speed 238
- What traders should know about Strategy Backtesting 482
相关文章
- Franklin Templeton launches crypto division with 250 Digital acquisition
- How Trade Automation supports smarter execution 515
- What traders should know about Order Management 997
- Beginner guide to Trading Dashboard 268
- OpenAI raises a record $122 billion as revenue crosses $2 billion per month
- Why Signal Execution matters in volatile markets 587
- How Algorithmic Trading supports smarter execution 492
- Why more users are adopting Strategy Optimization 834
- Franklin Templeton launches crypto division with 250 Digital acquisition
- Advanced insights into Multi Exchange Trading 886
- Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-rich
- Key benefits of Execution Speed for modern traders 358
- How Futures Trading supports long term strategy development 730
- Why more users are adopting Strategy Optimization 994
- Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.
- How Automated Crypto Trading supports long term strategy development 181
- Advanced insights into Algorithmic Trading 772
- Common mistakes to avoid with Risk Management 144
- Citadel-backed EDX Markets applies for U.S. trust charter to expand institutional crypto services
- How Market Analysis supports long term strategy development 513
随便看看
What makes a strong solution for Quantitative Trading 923
What traders should know about Spot Trading 151
Why more users are adopting Webhook Trading 640
Why more users are adopting Spot Trading 971
- Copyright © 2026 Powered by 【cloud based crypto paper trading and backtesting tool software】,Prime Momentum Analytics Watch sitemap