๐จ CRYPTO TREASURY MOVE:
Bitcoin miner & treasury firm Cango has sold 4,451 BTC (~$305M) to reinforce its balance sheet and accelerate its AI expansion strategy.
๐ Quick Breakdown
๐ BTC sold: 4,451
๐ฐ Value: ~$305 million
๐ฆ Goal: Stronger financial position
๐ค Focus shift: AI infrastructure & growth
Market Impact Angle
Miner selling = short-term supply pressure
Strategic reinvestment = long-term pivot signal
Shows miners actively reallocating capital, not just hoarding BTC
Trader Lens:
Watch miner flows + treasury sales โ they often front-run volatility phases.
