Argo Blockchain Files to Raise Up to $57.5M in Senior Notes
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Argo will use the proceeds of the fund for general corporate purposes, and construction and build-out of its Texas mining facility, as well as potential acquisitions or investments in businesses within the cryptocurrency and blockchain technology.
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Argo’s American depositary shares fell slightly in early trading on Monday, while other miners surged amid bitcoin’s rally.
Aoyon Ashraf is crypto mining reporter with more than a decade of experience in covering equity markets
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