Just-In: Top Bitcoin Miner Plans Selling Mining Machines And Strategic Fundraising

Just-In: Top Bitcoin Miner Plans Selling Mining Machines And Strategic Fundraising


CoinGape
2022-10-07 12:32:02

Crypto miner Argo Blockchain on Friday announced selling 3,400 mining machines for $6.8 million and raising nearly $27 million via a proposed subscription with a strategic investor to strengthen its balance sheet. Also, the miner signed a letter of intent to amend the existing equipment financing agreement to release $5.7 million in cash and modify The post Just-In: Top Bitcoin Miner Plans Selling Mining Machines And Strategic Fundraising appeared first on CoinGape.