Chinese automotive trading service platform Cango has witnessed a significant surge in its stock price following its venture into Bitcoin mining. Juliet Ye, SVP of Corporate Communications at Cango, attributes the company's increased visibility to this strategic move. The company's stock reached $4.56 in 2024, reflecting an impressive 362% growth since the start of the year. This data emphasizes the growing interest in Bitcoin mining's potential for businesses seeking to expand their exposure and drive shareholder value.

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