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Argo’s creditor grabs 87.5% stake in struggling miner in bold takeover move

Argo’s creditor grabs 87.5% stake in struggling miner in bold takeover move

Argo Blockchain’s largest lender, Growler Mining, is taking control of the embattled crypto miner through a debt-for-equity swap that leaves existing shareholders with just a small stake in the company. The restructuring, filed under the UK Companies Act, revealed that Growler will convert about $7.…

Nasdaq looks to delist crypto miner Argo Blockchain for poor stock performance

Nasdaq looks to delist crypto miner Argo Blockchain for poor stock performance

London-based Bitcoin miner Argo Blockchain (ticker ARBK) will be delisted from the Nasdaq exchange due to a consistently low share price, according to an announcement on Tuesday.The firm received a letter from Nasdaq "indicating that it was not in compliance with the minimum bid price requirement" n…

REG - Argo Blockchain PLC - Term Sheet for up to $40 Million Financing

REG - Argo Blockchain PLC - Term Sheet for up to $40 Million Financing

RNS Number : 0164Z Argo Blockchain PLC 03 March 2025  Press Release3 March 2025Argo Blockchain plc("Argo" or "the Company")Term Sheet for up to $40 Million FinancingNOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.Argo Blockchain plc (LSE: ARB; NA…