Argo Blockchain PLC fully repaid a $35m loan from Galaxy Digital Holdings 4 months early.

Argo Blockchain PLC, a UK-based crypto mining firm, has fully repaid a $35m loan from Galaxy Digital Holdings Ltd. four months ahead of schedule. This early repayment demonstrates Argo's focus on reducing financial liabilities and strengthening its balance sheet. The loan was repaid using cash flow from operations, cash from equity raises, and cash from the sale of non-core assets, without impacting the company's hash rate.