Bitcoin mining company Argo Blockchain has completed the repayment of a $35 million loan to asset management firm Galaxy Digital in 2022. Argo CEO Thomas Chippas stated that this repayment marks an important milestone for Argo and was completed without significant impact on Argo's hash rate. Previously, in December 2022, Argo narrowly avoided bankruptcy through a multi-party agreement with Galaxy, which included the sale of the Helios Bitcoin mining facility in Texas for $65 million and the restructuring of its debt through a $35 million loan. (Cointelegraph)

<div>

                Bitcoin mining company Argo Blockchain has completed the repayment of a $35 million loan to asset management firm Galaxy Digital in 2022. Argo CEO Thomas Chippas stated that this repayment marks an important milestone for Argo and was completed without significant impact on Argo's hash rate. Previously, in December 2022, Argo narrowly avoided bankruptcy through a multi-party agreement with Galaxy, which included the sale of the Helios Bitcoin mining facility in Texas for $65 million and the restructuring of its debt through a $35 million loan. (Cointelegraph)
<div> </div><br/><br/></div>

Bitcoin mining company Argo Blockchain has repaid a $35 million rescue loan from Galaxy Digital.