Argo Blockchain secures $25M Bitcoin-backed loan from Galaxy Digital

Argo Blockchain secures $25M Bitcoin-backed loan from Galaxy Digital

The Bitcoin mining giant has entered into another BTC-backed loan agreement with Galaxy Digital as it pursues further operational expansions. Argo Blockchain has secured another loan agreement from Galaxy Digital LP with the mining firm’s Bitcoin (BTC) as collateral.According to an announcement by the London Stock Exchange on Friday, the new Bitcoin-backed loan agreement is to the tune of 18.05 million pounds (about $25 million).As previously reported by Cointelegraph, Argo entered into a prior BTC-backed loan agreement with Galaxy Digital for $20 million back in June.The United....


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Argo Blockchain receives $20M Bitcoin-backed loan from Galaxy Digital for Tex...

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Bitcoin mining company Argo Blockchain has secured a $20 million, bitcoin-backed loan agreement to expand its operations in Texas.