2025-12-30 07:25:16

Cangu Group, a major player in the crypto mining industry, has迎来 an important turning point. Investor EWCL invested $10.5 million strategically, acquiring 7 million Class B common shares in one go. After the transaction, its voting rights will increase to approximately 49.61%, forming a de facto absolute control position. This capital injection is not only a financing move but also a direct endorsement of Cangu's core competitiveness.

Why is this financing so closely watched? The key lies in Cangu's asset base. As the second-largest mining company globally, its existing 50EH/s hash rate reserve (actual operation at 43.74EH/s) demonstrates strong hardware strength, with an average mining machine cost of only $8/TH, far below industry averages. Additionally, it holds a long-term position of 7,290 BTC, making this risk-resistant combination quite solid.

EWCL is backed by Bitmain's resource network, and its operational experience in crypto mining will directly empower Cangu's AI/HPC business layout by 2026. Currently, Cangu has invested in a 50MW flexible computing power data center, focusing on Tier 2 segments, aiming to avoid heavy asset competition with leading manufacturers.

What does the market think? A target price of $4 has been set. The current price still has considerable room for recovery. The core logic is quite straightforward: assets are severely undervalued. The company's cash, BTC holdings, computing power assets, and data center assets combined already exceed its current market capitalization. The question is whether the business transformation can be successfully implemented and whether the synergy between computing power and AI can be realized. If this goes smoothly, replicating Crusoe's successful shift from mining to AI computing power is not impossible. At that point, this company could become a key target in the crypto industry for connecting with the AI sector.

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NftMetaversePainter

· 3h ago

actually the real algorithmic beauty here is how they're converting hash computation into generative ai infrastructure... the topological implications of mining-to-hpc pivot are kinda fascinating if you think about it from blockchain primitives perspective, ngl

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AirdropHunter420

· 3h ago

CanGuo's recent financing looks decent, but the key is whether the AI transformation can truly be implemented. The foundation of 7290 BTC is solid, but I'm worried that shifting to AI computing power might be too complex. Target price of $4? There's room for recovery, but the prerequisite is to see real business breakthroughs. EWCL's backing by Bitmain is a clever move; it all depends on execution. All talk of prosperity is just on paper; the most critical thing is whether Tier2 data centers can actually be developed. Want to copy Crusoe's story? First, get your current operations in order. Underestimating is one thing, but the risk for mining companies shifting to AI isn't small either.

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CommunityWorker

· 3h ago

7290 BTC speak, this is what we call hard assets. --- Mining power cost is $8 per T? Is this number real? It’s a bit outrageous. --- Is the AI transformation reliable? It seems like mining companies are all talking about this story. --- EWCL has obtained 49.61% voting rights. Is this an attempt to take over or are they genuinely optimistic? --- What multiple would the current price need to reach to hit $4? Wake up, everyone. --- The key is whether the mining power can be monetized; otherwise, more BTC is useless. --- Can the Crusoe case be replicated? The times are different now. --- If a 50MW data center is invested in, how long is the payback period? --- I’ve heard too many stories of mining companies switching to AI; only a few have truly succeeded. --- Holding so much BTC indicates they still trust the chain.

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HallucinationGrower

· 3h ago

7,290 BTC are being pushed to the bottom; this is the real chips, far more attractive than raising capital itself. --- Wait, what is EWCL doing with 49.61% voting rights? Isn't this essentially market manipulation? --- Transforming to AI sounds good, but honestly, only a few mining companies have successfully made that transition. Crusoe's success doesn't mean Canaan can do the same. --- The current price is still far from $4. If it really can be pushed to that level, the returns would be truly crazy. --- A 50MW data center, avoiding the arms race among top manufacturers... this idea is actually quite clever. --- The real bottleneck issue is one: can the logic used in mining be applied to AI? I'm a bit skeptical. --- With Bitmain's background support, at least there are enough resources backing it now. --- TH costs only $8, which is indeed a moat. No wonder investors are willing to put in $10.5 million.

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liquidation_watcher

· 3h ago

Can Gu's recent financing is indeed interesting, raising $10.5 million to directly acquire 49.61% voting rights. That's a strong show of confidence. Holding 7,290 BTC as a buffer, this is truly a risk-resistant trump card. However, to be honest, transitioning from mining to AI computing power has been bumpy for Crusoe. Can Can Gu smoothly make the switch? It still depends on subsequent execution. The target price is $4. How much is it currently off? If true synergy can be achieved, it would be unstoppable. EWCL has planned this chess move well, leveraging resources from Bitmain directly for empowerment. The calculations indeed show it is undervalued. The question is, how much potential does the Tier2 track really have? Still the old problem—turning to USD is the hardest. If the combo of computing power + AI can truly be integrated, Can Gu might really become an entry-level target.

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