Bitcoin Miner Argo Blockchain Suspends Trading In The Nasdaq And The London Stock Exchange

Nasdaq-listed Bitcoin Miner, Argo Blockchain, has halted trading of its shares on the American bourse and on the London Stock Exchange for 24 hours.

Argo Blockchain has been in talks to secure financing and is close restructuring without having to declare bankruptcy as of Dec. 12.

Argo Blockchain is also in advanced negotiations to sell some of its assets and carry out an equipment financing transaction to strengthen its balance sheet and improve its liquidity.

Leave a Reply

Your email address will not be published. Required fields are marked *