【institutional grade api based crypto trading software for quantitative researchers】
发布时间：2026-04-04 08:54:21 来源：Prime Momentum Analytics Watch 作者：Strategy Optimization
-
Cango (CANG) is institutional grade api based crypto trading software for quantitative researchersat 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：Crypto Long & Short: Governance is the real Layer 1
- 下一篇：Bitcoin ETFs post first monthly inflows since October as price stabilizes
- How Risk Management supports long term strategy development 524
- What traders should know about Webhook Trading 460
- Why Bot Performance matters in volatile markets 176
- Why more users are adopting Strategy Backtesting 262
相关文章
- Grayscale’s research head says tokenization will happen in waves and explains how to play it
- The Protocol: Quantum computing could break Bitcoin sooner, says Google
- Galaxy Digital's testnet suffers hack but no client funds or information were compromised
- Citadel-backed EDX Markets applies for U.S. trust charter to expand institutional crypto services
- Grayscale’s research head says tokenization will happen in waves and explains how to play it
- Cango raises capital as it faces NYSE delisting risk with shares below $1
- Citadel-backed EDX Markets applies for U.S. trust charter to expand institutional crypto services
- Crypto Long & Short: Governance is the real Layer 1
- Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs
- Citadel-backed EDX Markets applies for U.S. trust charter to expand institutional crypto services
- Bitcoin ETFs post first monthly inflows since October as price stabilizes
- Metaplanet acquires 5,075 BTC, jumps to third largest bitcoin treasury company
- Bitcoin ETFs post first monthly inflows since October as price stabilizes
- Citadel-backed EDX Markets applies for U.S. trust charter to expand institutional crypto services
- Cango raises capital as it faces NYSE delisting risk with shares below $1
- Bitcoin ETFs post first monthly inflows since October as price stabilizes
- Grayscale’s research head says tokenization will happen in waves and explains how to play it
- Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs
- The bitcoin treasury boom is unwinding as some companies and governments sell holdings
- CoinDesk 20 performance update: Avalanche (AVAX) gains 4% as index moves higher
随便看看