Fire at Kanggo Georgia mining facility... 2 workers injured

Cango ($CANG) reported a fire on October 22 at its 50-megawatt Bitcoin mining facility in Soperton, Georgia, injuring two workers who were airlifted to a burn treatment center in Augusta. The Truetlen County Emergency Management Agency said fire crews quickly extinguished the blaze, with local fire departments, the sheriff's office, police, and EMS all responding. Cango, a NYSE-listed company, acquired the site in August 2025 for $19.5 million in cash and had already been running its own miners there before the purchase. The incident matters because it temporarily puts a slice of Cango's hashrate and power capacity at risk, though the company has not yet disclosed damage estimates or operational impact. Investors should watch for Cango's next production update to see whether the fire disrupts mining output or prompts repairs at the 50 MW site.