Cangull Group, a Bitcoin mining company, has secured a $10.5 million investment from Enduring Wealth Capital Limited (EWCL). Announced on December 30, 2025, the deal involves EWCL purchasing 7,000,000 B-class shares at $1.50 each. This funding will bolster Cangull's plans to expand its mining capacity to 50 EH/s and enhance its AI and high-performance computing (HPC) capabilities in 2026.
EWCL, which now holds 36.68% of Cangull's voting rights, brings significant expertise in mining and infrastructure. This strategic investment aligns with the increasing convergence of AI and cryptocurrency sectors, reflecting broader trends in the industry.
Cangull Group Secures $10.5M Investment for AI and Mining Expansion
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