From Investing.com:

Argo Blockchain PLC raises £7.8 million from institutional investors to bolster finances, with new shares joining London Stock Exchange on January 11, 2024.

Funds raised will go towards enhancing working capital, reducing debts, and supporting corporate endeavors, with total share count rising to 577,001,363.

Argo Blockchain maintains its commitment to environmental sustainability by powering its cryptocurrency mining operations with renewable energy sources as a participant in the Crypto Climate Accord.



Read more: Argo Blockchain secures $9.9 million through share issuance By Investing.com