Bitcoin miner Cango sells $305M BTC to cut leverage and fund AI pivot

The sale shows how Bitcoin miners are reshaping strategies as mining economics continue to deteriorate.
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Creator: Cointelegraph by Christina Comben
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The sale shows how Bitcoin miners are reshaping strategies as mining economics continue to deteriorate.
Published Date:
Creator: Cointelegraph by Christina Comben
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Michael Saylor’s Strategy missed Bitcoin’s brief drop to $60,000 last week, purchasing $90 million worth of BTC at an average price near $78,800.
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Creator: Cointelegraph by Helen Partz
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Digital Asset cofounder and CEO Yuval Rooz said the latest crypto sell‑off is repricing “empty shell” token models and pushing institutions to chains with value, privacy and predictability.
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Creator: Cointelegraph by Christina Comben
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Binance bought $300 million in Bitcoin for its SAFU reserve, pushing the fund past $720 million as the exchange shifts its emergency buffer to BTC.
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Creator: Cointelegraph by Zoltan Vardai
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The Ethereum co-founder outlined alternative stablecoin models that he says better align with DeFi’s original promise of risk decentralization.
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Creator: Cointelegraph by Ezra Reguerra
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Whale and institutional demand for Bitcoin show signs of a comeback, but downside risks remain as analysts expect BTC price to retest $66,000 support.
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Creator: Cointelegraph by Nancy Lubale
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SlowMist flagged 472 AI skills containing malicious code, as plugins and extensions increasingly become a target for hackers seeking access to the devices of cryptocurrency investors.
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Creator: Cointelegraph by Zoltan Vardai
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Six people have been detained after a French magistrate and her mother were abducted in a crypto ransom plot, intensifying concerns over a surge in violent “wrench attacks” in France.
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Creator: Cointelegraph by Christina Comben
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The wallet linked to Infini’s $50 million exploit reactivated after months of silence to buy the Ether dip amid a broader market downturn.
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Creator: Cointelegraph by Zoltan Vardai
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TRM Labs says the $17.9 billion figure reflects gross onchain volume, including internal transfers, not confirmed illicit proceeds.
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Creator: Cointelegraph by Ezra Reguerra
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