Public companies now hold over 1.1 million BTC, 6.5 million ETH, and 17.6 million SOL - but the buying peaked near all-time highs. With Bitcoin down 41%, corporate accumulation has slowed dramatically. We break down 6 months of treasury flows across $BTC, $ETH, and $SOL.
CANG just became the 4th largest public Bitcoin miner by hash rate. But after a recent leadership shakeup, is it now acting as a proxy for Bitmain? We break down the ownership changes, executive ties, and industry links to uncover what’s really going on.
Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a growing BTC treasury, Tencent as institutional investor, and Bitmain links, is this the mining sector’s next dark horse?