Argo Blockchain (GB:ARB) has released an update.
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Argo Blockchain plc has successfully repaid its $35 million loan to Galaxy Digital Holdings ahead of schedule, illustrating its commitment to financial prudence and balance sheet strength. This strategic move was achieved through a combination of cash flow, equity raises, and the sale of non-core assets, without significantly affecting the company’s mining capabilities. The early repayment underscores Argo’s dedication to optimizing its capital structure and enhancing shareholder value.
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