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Cango Inc. Announces May 2026 Operational and Fleet Optimization Update

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DALLAS, June 10, 2026 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced its operational update for May 2026. 

As of May 31, 2026, Cango’s total operational hashrate was 31.67 EH/s. The structural composition of the Company’s hashrate, alongside its monthly Bitcoin production and treasury holdings, are presented in the tables below: 

Table 1: Operational Hashrate Composition (as of May 31, 2026):

Category

Hashrate (EH/s)

Self-Mining

23.32

Hashrate Leasing

8.35

Total

31.67

Table 2: Bitcoin Production and Treasury Summary (May 2026):

Metric

Value

Total Bitcoin Production

237.59 BTC

Average Daily Production

7.6 BTC

Self-Mining Production Output

236.5 BTC

Total Bitcoin Holdings (as of May 31, 2026)

1,065.11 BTC

About Cango Inc.

Cango Inc. (NYSE: CANG) is a Bitcoin mining company with a vision to establish an integrated, global infrastructure platform capable of powering the future digital economy. The Company’s mining operations span across North America, the Middle East, South America, and East Africa.

Since entering the digital asset space in November 2024, Cango has activated pilot projects in both integrated energy solutions and distributed AI computing. In parallel, Cango continues to operate an online international used car export business through AutoCango.com.

For more information, please visit: www.cangoonline.com and follow us on: X and LinkedIn.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words or phrases such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about Cango’s beliefs and expectations, are forward-looking statements. These statements are based on Cango’s current expectations and assumptions and are not guarantees of future performance. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

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SOURCE Cango Inc.

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KEYCORP APPOINTS CHRIS DOLL AS CHIEF STRATEGY OFFICER & DEPUTY CFO

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CLEVELAND, August 31, 2026 /PRNewswire/ — KeyCorp (NYSE:KEY) announced that Chris Doll has joined Key as Chief Strategy Officer & Deputy CFO, effective Aug. 31, 2026.

“I am very pleased to welcome Chris to Key,” said Clark Khayat, Chief Financial Officer and Head of Technology at KeyCorp. “Chris brings a strong track record of leadership, deep financial expertise, and a results-oriented approach that will help advance our strategic priorities. His ability to align strategy, financial discipline, and execution will be instrumental as we continue to drive long-term growth and create value for our stakeholders.”

Chris joins Key from City National Bank, a wholly owned subsidiary of Royal Bank of Canada, where he served as Executive Vice President and Chief Financial Officer. Prior to joining City National, he served in a variety of leadership roles with firms such as Fifth Third Bancorp, Omnicare, and First Financial Bancorp. Chris brings a proven track record of enhancing financial performance, capital planning, strategic transformation, and investor engagement.

“I am excited to join Key as we focus on the next phase of profitable growth amidst an increasingly complex environment,” said Chris Doll. “Key has a strong client-focused culture, a talented team, and a clear strategic vision. I look forward to partnering with colleagues across the organization to help drive disciplined growth, create value for our shareholders, and support the long-term success of the company.”

Chris will serve as a member of Key’s Finance leadership team and Executive Council, reporting to Clark Khayat. In this role, he will lead Key’s corporate strategy team and help guide the execution of the company’s strategic priorities.

About KeyCorp
KeyCorp’s roots trace back more than 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $191 billion at June 30, 2026.

Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 950 branches and approximately 1,100 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC.

 

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SOURCE KeyCorp

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Factal launches Advance and Explorer, extending risk intelligence beyond real-time alerts

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Two new premium products built on Factal’s trusted verification standard help security teams prepare earlier and respond faster.

SEATTLE, Aug. 31, 2026 /PRNewswire/ — Factal, the verified risk intelligence platform, announced two new premium products, Factal Advance and Factal Explorer. Together, they extend Factal’s verified intelligence beyond real-time alerts.

Factal has always helped security teams understand what’s happening in the moment. Advance and Explorer extend the timeline, one looking ahead to what’s coming, the other reaching back through the largest living archive of verified risk events in the world.

Accelerated by advanced AI and grounded in verified intelligence, Factal’s new products give security teams more time to prepare and more context to decide without leaving the platform they already trust.

“AI is only as trustworthy as the intelligence behind it,” said Cory Bergman, Factal co-founder and CPO. “Every answer in Explorer and every heads-up in Advance is grounded in global events that Factal journalists have verified, geolocated and written. That’s the difference between AI that sounds confident and intelligence you can act on.”

Factal Advance gives security teams early notice of upcoming events and developing situations that could impact their assets and operations. When a major event like a large public gathering is scheduled in proximity to an organization’s location, Factal members are notified in advance. Instead of reacting when it happens, security teams can plan for it days ahead.

Advance also provides forward-looking intelligence, written by Factal’s editors, to help operations plan for severe weather, geopolitical instability and other emerging developments.

“Our editors spend hours every week studying developments in their respective regions and planning coverage for the weeks and months ahead. Until now, that work has stayed behind the scenes,” said Jillian Stampher, Factal’s head of news. “As seasoned journalists, they tap deep knowledge of local conflicts, political dynamics and historical unrest to go beyond the who, what, where and tell you why it matters.”

A powerful AI discovery engine, Factal Explorer makes it easy to get direct answers to questions like “What just happened in Rome?” or “Have any wildfires burned near our San Diego locations?” Answer are grounded in eight years of verified events, updated minute by minute. It’s the largest record of verified risk intelligence at your fingertips.

Each detail is cited to the corresponding Factal update and its original source, so validation takes a glance, not another search. Every event is precisely geolocated, so Explorer knows not just what happened, but how close it came to your offices, sites and people. With exclusive access to a deep verified archive, Explorer holds a structural advantage over AI tools that rely on an incomplete, often synthetic view of the public web.

Explorer is also built to Factal’s privacy standard: member data never touches an AI model and is never used for training. Assets, travelers and users stay private.

Both products will be available this fall. Join the waitlist to be the first to trial Factal Advance and Factal Explorer.

For more information, contact hello@factal.com.

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Nscale Closes Approximately $3 Billion in Financing for Both Ward County, Texas and Madison County, North Carolina AI Deployments

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Company achieves investment grade ratings on both facilities

LONDON, Aug. 31, 2026 /PRNewswire/ — Nscale, the hyperscaler engineered for AI, today announced the closing of approximately $3 billion in aggregate commitments across two senior secured delayed draw term loan facilities (“DDTLs”), one supporting its Ward County, Texas campus and the other its Madison County, North Carolina site. The loan facilities, which have each received investment-grade ratings with stable outlooks, provide up to $1.85 billion for Ward County and up to $1.2 billion for Madison County.

The facilities will primarily fund the deployment of GPU infrastructure and associated networking, storage, and liquid-cooling equipment across both campuses:

Ward County, Texas: A purpose-built AI infrastructure campus designed to support high-density, next-generation compute deployments. The facility combines closed-loop direct liquid cooling and rear-door heat exchangers to enable efficient operation of advanced AI systems at scale. The up to $1.85 billion loan facility, issued through Nscale Ward County Borrower SPV, LLC, will fund the deployment of NVIDIA GB300 (Blackwell Ultra) and VR200 (Vera Rubin) systems supporting approximately 275 MW of IT load.Madison County, North Carolina: A 96-acre colocation site with up to 40 MW of capacity. The up to $1.2 billion loan facility will fund site retrofit capital expenditures, GPU infrastructure and associated networking required to support high-performance AI compute deployments.

J.P. Morgan and Goldman Sachs served as joint lead arrangers, joint bookrunners, and co-structuring agents for both facilities. J.P. Morgan served as lead left arranger for Nscale’s Ward County facility. Goldman Sachs served as lead left arranger for Nscale’s North Carolina facility.

About Nscale
Nscale is a full-stack AI cloud platform. We bring together software, compute, and power in a vertically integrated offering – from a unified cloud platform for running AI training and inference, to the data centers and low-cost power that make it possible. Our mission is to build the engine of superintelligence and enhance access to the benefits of advanced AI for enterprises, governments, and the communities that depend on them.

For more information, visit www.nscale.com

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