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Argo Blockchain, a BTC mining company, raised £4.2 million through stock subscription
Golden Finance reported that BTC mining company Argo Blockchain announced the completion of a £4.2 million fundraising through stock subscription. After this transaction, the total issuance of Argo’s shares has exceeded 717 million shares. It is reported that an undisclosed institutional investor participated in this stock subscription. The new funds will drive Argo to relocate its BTC mining facilities to Texas.