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

Cointelegraph

Published Sep 10, 2021 08:32AM ET

Updated Sep 12, 2021 11:40AM ET

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).

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