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The equity structure of Bitcoin mining company Cango Inc. (NYSE:CANG) has undergone new changes. Major shareholder EWCL announced an additional investment of $10.5 million, subscribing to 7 million Class B common shares at a price of $1.5 per share. Each Class B share carries 20 voting rights, making this move highly significant — EWCL's ownership stake will increase from approximately 2.81% directly to 4.69%, and voting rights will rise from 36.68% to a new high. This reflects the market's optimism about the prospects of Bitcoin mining and also signals a new trend in mining company financing and equity consolidation.