Crypto mining firm Argo Blockchain has reported it had been negotiating to sell assets and “engage in an equipment financing transaction” in an effort to avoid filing for bankruptcy.it was at risk of having insufficient funds to continue operating within a month, and was in the middle of “advanced negotiations” to sell certain assets.
“The Company is hopeful that it will be able to consummate the transaction outside of a voluntary Chapter 11 bankruptcy filing in the United States, although there is no assurance that the Company can avoid such a filing,” said Argo. “The Company has requested that the UK Financial Conduct Authority restore the listing of its ordinary shares and that is expected to happen as soon as practicable.”
Source: Digital Coin News (digitalcoinnews.net)
Argo 🥳
While it is difficult to draw such conclusions, but it is very similar to that
CryptooAdy Cover this in ur yt
Read this as “Algo” at first…
Should've gave Joe Biden his cut he sends millions upon millions to other countries
DCUsmartswap has his own mascot now😎. And this guy will represent this brand from now on. It will be seen everywhere a lot in future🏆🫶 Just keep eyes open on DCUsmartswap, team is building big future brand 🔥🔥 btc BNB BSC Crypto DeFi ETH
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Miner Argo Blockchain Says It's Close to Restructuring Without Having to Declare BankruptcyStruggling bitcoin miner ArgoBlockchain said it’s in advanced negotiations to sell some of its assets and carry out an equipment financing transaction, and is hopeful it can do so without having to declare bankruptcy. egreechee and NelWang report ArgoBlockchain egreechee NelWang bitcoin:1GqE6CT3aRHGjNSejFSYVFKkBBmJZyhqVP ArgoBlockchain egreechee NelWang Is it worth buying CleanSpark_Inc ? ArgoBlockchain egreechee NelWang POW is not suatainable
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin miner Argo accidentally said it's filing for Chapter 11, but is actually trying to avoid that fate by selling assetsBitcoin miner Argo accidentally said it’s filing for Chapter 11, but is actually trying to avoid that fate by selling assets Accidental. 🤦🏻♂️
Source: TheBlock__ - 🏆 464. / 53 Read more »
Dragon Ball Super's Next Chapter Begins in Newly Uncovered First PageThanks to DbsHype and DBSChronicles, fans of Dragon Ball Super can have a first look at the upcoming new chapter of the manga. Goku and Vegeta are training on Beerus’ planet after their tragic encounter with Frieza, while a new threat looms over Earth. DbsHype DBSChronicles When is the anime gonna continue?
Source: screenrant - 🏆 7. / 94 Read more »
Fin Addict Angler Foundation launches chapter at Harlandale High SchoolThe Fin Addict Angler Foundation was created and resides on the South Side of San Antonio. It is a nonprofit organization that aims to bring people in our communities back to the great outdoors by combining an appreciation for the sport of fishing with respect for one of our greatest natural resources – water.
Source: ksatnews - 🏆 442. / 53 Read more »
Goldman Sachs Is Trying to Make Blockchain Bonds HappenBonds, bananas, tomatoes? Doesn’t matter, if they’re on your private, permissioned blockchain then that blockchain is worse than useless. gckaloudis writes for Crypto Long & Short. gckaloudis 👀 gckaloudis A blockchain only gets sustainable support when it is fully distributed and decentralized. If it is 'private' it merely is a trustless digital ledger. Part of its being is renderd moot. gckaloudis 👀
Source: CoinDesk - 🏆 291. / 63 Read more »
Gaming blockchain Oasys' SEGA and Ubisoft-validated mainnet goes liveOasys completed the final phase of its mainnet, marking a significant milestone for the gaming-focused blockchain firm. The token launched today, right? Looks like a pretty standard VC backed chain with big brand validators and very average tokenomics. I think it will be down-only for a few months. oasys_games 🛠🚀
Source: TheBlock__ - 🏆 464. / 53 Read more »