Cango Inc enters the top 15 listed companies by BTC holdings, a glimpse into over $2.4 billion in asset allocation

【Crypto World】Interesting data has arrived——Cango Inc now holds 7,758 Bitcoins, ranking 15th in the list of publicly traded companies’ BTC holdings. From another perspective, this holding is worth approximately $242.9 million, with each share implicitly backing 0.00004504 Bitcoins. This indicates that more and more publicly traded companies are treating Bitcoin as a standard asset for hedging inflation and diversification. Cango Inc’s move reflects institutional investors’ continued optimism about the long-term value of Bitcoin.

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GamefiHarvestervip
· 12h ago
Wow, this pace... listed companies are starting to stockpile coins, traditional finance is really gradually aligning with the crypto world.
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HypotheticalLiquidatorvip
· 14h ago
From a risk control perspective, the underlying logic of this wave of institutional entry is actually quite fragile... It seems like diversified allocation, but in reality, it's just betting that BTC won't fall and betting on persistent inflation. Once the liquidation price is reached, chain reactions of margin calls could happen in minutes.
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YieldWhisperervip
· 14h ago
lol wait, let me check the math here... 7,758 btc and they're calling this a "long-term conviction play"? smh the tokenomics on corporate btc bags never add up the way they're marketed
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AirDropMissedvip
· 14h ago
7758 Bitcoins, this guy is really betting big. It seems like more than just Cango is hoarding coins, right?
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MoonMathMagicvip
· 14h ago
Hey, Cango's move is pretty impressive. Even listed companies are stockpiling coins.
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ChainSpyvip
· 14h ago
Only 7,758 BTC ranks at 15th place, the gap is truly incredible.
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ForkLibertarianvip
· 14h ago
Another publicly listed company has jumped on board. This momentum really can't be stopped.
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NFTPessimistvip
· 14h ago
Damn, another publicly listed company has jumped on board. Now the top 15 are all filled up.
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