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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.