Bitcoin Miners selling rigs in huge quantity
It raise close to $27 million through a potential subscription with a strategic partner to improve its balance sheet. The miner also executed a letter of intent to alter current loans and revise the equipment finance arrangement to release $5.7 million in cash. As a result, investors lost faith in the top Bitcoin miner, and shares of Argo Blockchain fell by about 20%. Currently, the share price is 26.20 GBP.
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