Another Bitcoin mining company listed on the US stock market has surrendered and shifted to AI. As Cango's stock price fell by 85% within a year, it announced yesterday that it has liquidated more than half of its BTC holdings, totaling 4,451 units. The company will gradually transition to AI computing power platforms at over 40 mining sites worldwide. On one side, Bitcoin prices continue to be sluggish, and mining difficulty is increasing, while on the other side, AI hot money is surging, allowing for quick price boosts.