Argo Blockchain raises £4.2 million to support mining operations and strategic growth.

Argo Blockchain, a leading cryptocurrency mining firm, raised £4.2 million through a share subscription by an unnamed institution. The funds will support the company's strategic plans, including potential relocation of mining equipment in Texas, maintaining Bitcoin mining in Quebec, and exploring high-performance computing. This boosts Argo's financial position and commitment to diversification and sustainability.

December 02, 2024
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