当前位置:首页 > Futures Trading > 【high performance crypto paper trading and backtesting tool with TradingView alerts】 正文
【high performance crypto paper trading and backtesting tool with TradingView alerts】
时间:2026-04-04 09:28:57 来源:Deep Prime Portfolio
Cango (CANG) is high performance crypto paper trading and backtesting tool with TradingView alertsat risk of losing its NYSE listing after its shares traded below $1 on average for 30 consecutive days, triggering a compliance notice from the exchange and giving the bitcoin BTC $ 66,322.37 miner a six-month window to recover, the company said in a press release Wednesday.\n\nThe New York Stock Exchange flagged the company on March 10, warning that failure to lift its share price back above the $1 threshold by the end of the cure period could lead to suspension and delisting proceedings. Cango said it plans to monitor market conditions and explore options to regain compliance, while its shares continue trading in the interim.\n\nAgainst that backdrop, the company is shoring up its balance sheet with fresh capital.\n\nIn a separate announcement , Cango said it has entered into a $10 million convertible note agreement with Hong Kong-listed DL Holdings, alongside issuing warrants to purchase shares at $2.70 apiece. The financing is paired with a non-binding cooperation framework that could see the two firms pursue additional joint investments tied to crypto mining and AI infrastructure.\n\nProceeds from the note are earmarked for upstream acquisitions and expanding Cango’s push into computing infrastructure, part of a broader pivot beyond bitcoin mining.\n\nCango’s recent fundraising comes as the company pivots beyond its roots in bitcoin mining toward a broader strategy centered on energy and AI compute infrastructure. The firm has been positioning its global mining footprint as a foundation for high-performance computing, aiming to repurpose or expand its power capacity to support data-intensive AI workloads, a shift that mirrors a wider industry trend of miners seeking more stable, higher-margin revenue streams.\n\nThe convertible issuance follows the closing of a $65 million strategic investment round led by entities controlled by chairman Xin Jin and director Chang-Wei Chiu. The deal, settled in USDT and completed March 31, saw the company issue more than 49 million Class A shares.\n\nTogether, the transactions underscore management’s effort to stabilize the company financially while betting on longer-term growth in energy and AI-linked compute, even as it faces near-term pressure to keep its NYSE listing intact.\n\nCango’s shares have slumped sharply this year, highlighting the urgency behind its latest capital raise. The stock is down more than 70% year to date, recently trading around $0.39 after starting January above $1.40, with sustained selling pressure pushing it below the NYSE’s $1 minimum listing threshold.\n\nRead more: Cango is selling off its bitcoin stash to pay down debt and fund an AI makeover
-
Oil trader takes $17 million hit as tokenized crude rivals bitcoin liquidationsWhat traders should know about Portfolio Automation 905How Automated Crypto Trading supports long term strategy development 421Advanced insights into Execution Speed 418Ripple Treasury puts XRP and RLUSD inside corporate finance for the first timeWhy Futures Trading matters in volatile markets 690What makes a strong solution for Execution Speed 158How Risk Management supports long term strategy development 844Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-richCommon mistakes to avoid with Futures Trading 590
上一篇:Beyond T-bills: OpenEden introduces tokenized high-yield corporate bond
下一篇:The bitcoin treasury boom is unwinding as some companies and governments sell holdings
下一篇:The bitcoin treasury boom is unwinding as some companies and governments sell holdings
相关内容
- ·CoinDesk 20 performance update: Avalanche (AVAX) gains 4% as index moves higher
- ·What traders should know about Portfolio Automation 425
- ·Why more users are adopting Strategy Optimization 194
- ·How Quantitative Trading supports smarter execution 983
- ·Solana DeFi platform Drift confirms 'active attack' as $200M+ leaves platform
- ·How Signal Execution supports long term strategy development 147
- ·Why more users are adopting Portfolio Automation 765
- ·How to evaluate a platform for Portfolio Automation 465
- ·Solana DeFi platform Drift confirms 'active attack' as $200M+ leaves platform
- ·How Risk Management improves daily trading workflows 344
- ·Why Automated Crypto Trading matters in volatile markets 541
- ·Beginner guide to Portfolio Automation
- ·Bitcoin ETFs post first monthly inflows since October as price stabilizes
- ·What makes a strong solution for Algorithmic Trading 272
- ·What makes a strong solution for Paper Trading 969
- ·What traders should know about Strategy Backtesting 962
最新内容
- ·Jack Dorsey says AI should replace the middle manager after Block cuts 4,000 jobs
- ·How Algorithmic Trading supports smarter execution 812
- ·Beginner guide to Trading Dashboard 428
- ·How Execution Speed supports smarter execution 538
- ·Metaplanet acquires 5,075 BTC, jumps to third largest bitcoin treasury company
- ·Advanced insights into Multi Exchange Trading 886
- ·How Multi Exchange Trading supports smarter execution 686
- ·How to evaluate a platform for Strategy Backtesting 202
- ·Ripple Treasury puts XRP and RLUSD inside corporate finance for the first time
- ·Common mistakes to avoid with Bot Performance 316
推荐内容
热点内容
- ·Metaplanet acquires 5,075 BTC, jumps to third largest bitcoin treasury company
- ·What traders should know about Strategy Optimization 94
- ·How Automated Crypto Trading supports long term strategy development 501
- ·Advanced insights into Paper Trading 189
- ·The Protocol: Quantum computing could break Bitcoin sooner, says Google
- ·How Bot Performance supports long term strategy development 696
- ·How Market Analysis supports long term strategy development 993
- ·Why more users are adopting Order Management 937
- ·Brazil's B3 exchange to offer bitcoin-linked 'event contracts' for the ultra-rich
- ·Why more users are adopting Webhook Trading 960
