Big news for Argo Blockchain! They got a loan to help them mine more Bitcoin. It's like getting a big boost to buy better tools for a lemonade stand, but for Bitcoin mining instead. This is important because it helps them keep up with mining and grow their business.
- Argo Blockchain secured a loan of up to $40 million.
- The money will help them buy better Bitcoin mining equipment.
- Their share price went up by 16% after the news!
| Fact | Number |
|---|---|
| Loan Amount | Up to $40 million |
| Share Price Increase | 16% |
| Interest Rate on Loan | 8% |
