NewsBTC
Feb 9, 2026
4 0

BEARISH 📉 : Cango sells 4,445 Bitcoin to cover loan obligations

  • Cango sold 4,445 [Bitcoin](https://holder.io/coins/btc/) to cover loans, highlighting challenges faced by PoW miners post-halving.
  • Infrastructure costs are rising for legacy PoW miners, shifting investment towards AI and Web3 sectors with higher margins.
  • [SUBBD Token](https://newsbtc.care/box_f00640f2cc30a5715cb6295a384aa952) utilizes AI and Ethereum smart contracts to offer a capital-efficient alternative in the $85B creator economy.
  • The project raised over $1.4M, indicating demand for decentralized solutions that empower content creators and reduce fees.

Cango’s Bitcoin sale represents a significant liquidity event in a struggling market, indicating that operational costs for miners have outpaced mining rewards. This has prompted investors to seek yield in more efficient, software-driven sectors. The content creation industry is expanding, providing an attractive alternative to diminishing block rewards in Bitcoin mining.

[SUBBD Token](https://newsbtc.care/box_f00640f2cc30a5715cb6295a384aa952) addresses inefficiencies in the creator economy by reducing reliance on intermediaries through Ethereum-based architecture. This allows creators to retain more revenue, contrasting with the high costs of traditional mining operations.

With innovative features like AI Personal Assistant and Voice Cloning, SUBBD enables creators to scale efficiently. The ecosystem uses $SUBBD for subscriptions and tipping, integrating advanced AI tools and token-gated content features.

The presale success and staking models suggest strong market interest in this utility token, contrasting with the volatile nature of mining stocks. As the platform expands its features, the demand for $SUBBD may grow independently of Bitcoin's price movements.