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.
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(END) Dow Jones Newswires