I just saw that Cango is selling part of its Bitcoin reserve. Apparently, they need liquidity to pay off debts and also to fund a major AI-driven renovation. It makes sense, many projects are doing this now, like a dealership selling assets to reinvest in new lines of business. The question is whether this will affect the BTC price in the short term or if it's just another move in the market. Some say it's a bad sign when projects sell their reserves, but others see it as strategic if used properly to grow. What do you think, is it bullish or bearish for Cango?

BTC0.7%
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