Cango to secure $10.5M investment from major shareholder

New York Stock Exchange-listed Bitcoin mining firm Cango (CANG) plans to secure a $10.5 million investment from its major shareholder, Enduring Wealth Capital (EWCL), according to Crypto Briefing. The investment will be structured as a purchase of seven million of the company's Class B common shares by EWCL. As of Dec. 25, Cango held 7,419 BTC.