BlockBeats News, December 30th, according to official sources, Bitcoin miner Cangu Group announced that Enduring Wealth Capital Limited (EWCL) has decided to increase its holdings of Class B common shares of Cangu Group. EWCL holds approximately 36.68% of the total voting rights of issued shares of Cangu Group and has decided to subscribe for additional Class B common shares of Cangu Group in cash. According to the investment agreement signed between Cangu Group and EWCL on December 29, 2025, Cangu Group will issue and deliver 7,000,000 Class B common shares to EWCL, each with 20 voting rights. EWCL will subscribe for and purchase these shares at a total purchase price of $10,500,000, i.e., $1.5 per share. This investment will deepen the resource binding between Cangu Group and EWCL. EWCL and its management team, with a strong background in crypto mining and computing infrastructure, will provide core resource support for Cangu Group’s 50 EH/s hash rate operations and AI transformation. Additionally, it further enhances Cangu Group’s financial reserves, providing sufficient funds for its 2026 expansion of AI/HPC business. Market-wise, this move validates the valuation judgment of institutions like Greenridge that target a $4.00 price, indicating that Cangu’s current asset value, including BTC reserves and hash rate equipment valuation, is severely undervalued.
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