Argo Blockchain (ARBK) notes the recent news regarding Silicon Valley Bank (SIVB( and Silvergate Bank and can confirm that neither Argo Blockchain, nor any of its subsidiaries, have any exposure to either institution. Separately, a subsidiary of Argo held a portion of its operating funds in cash deposits at Signature Bank (SBNY) in New York, which are secure and available for use as of Monday, March13.
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