By Adria Calatayud
Argo Blockchain PLC said Tuesday that it has received a six-month loan of 14 million pounds ($19.4 million) from Galaxy Digital LP, using a portion of its bitcoin holding as collateral.
The London-listed cryptocurrency miner said the funds will be used to continue to build a data center in West Texas to pursue its growth plans and to meet its cash-flow requirements.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
06-29-21 0337ET