Argo Blockchain's Financing Structure Deal With GEM Mining Ends

Dow Jones

04/14

By Najat Kantouar

Argo Blockchain said its previously announced financing structure with GEM Mining is no longer progressing but that it is continuing to discuss financing proposals with the privately held institutional-grade Bitcoin miner and other parties.

In March, blockchain technology company Argo entered into nonbinding agreement for a convertible loan and to buy GEM for up to $21.7 million.

As part of the deal, certain GEM institutional investors would provide Argo with $10 million, consisting of a $7.0 million secured convertible note and $3.0 million equity investment into Argo's blockchain.

Write to Najat Kantouar at najat.kantouar@wsj.com

(END) Dow Jones Newswires

April 14, 2025 03:00 ET (07:00 GMT)

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2527297030"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2527297030\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2527297030?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-14 15:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2527297030","market":"fut","top_or_hot":-1,"title":"Argo Blockchain's Financing Structure Deal With GEM Mining Ends","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Najat Kantouar \n</p>\n<pre>\n \n</pre>\n<p>\n  Argo Blockchain said its previously announced financing structure with GEM Mining is no longer progressing but that it is continuing to discuss financing proposals with the privately held institutional-grade Bitcoin miner and other parties. \n</p>\n<p>\n  In March, blockchain technology company Argo entered into nonbinding agreement for a convertible loan and to buy GEM for up to $21.7 million. \n</p>\n<p>\n   As part of the deal, certain GEM institutional investors would provide Argo with $10 million, consisting of a $7.0 million secured convertible note and $3.0 million equity investment into Argo's blockchain. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Najat Kantouar at najat.kantouar@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 14, 2025 03:00 ET (07:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Argo Blockchain's Financing Structure Deal With GEM Mining Ends</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArgo Blockchain's Financing Structure Deal With GEM Mining Ends\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-04-14 15:00</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Najat Kantouar \n</p>\n<pre>\n \n</pre>\n<p>\n  Argo Blockchain said its previously announced financing structure with GEM Mining is no longer progressing but that it is continuing to discuss financing proposals with the privately held institutional-grade Bitcoin miner and other parties. \n</p>\n<p>\n  In March, blockchain technology company Argo entered into nonbinding agreement for a convertible loan and to buy GEM for up to $21.7 million. \n</p>\n<p>\n   As part of the deal, certain GEM institutional investors would provide Argo with $10 million, consisting of a $7.0 million secured convertible note and $3.0 million equity investment into Argo's blockchain. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Najat Kantouar at najat.kantouar@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 14, 2025 03:00 ET (07:00 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARGO","symbol_name":"阿爾戈國際控股集團有限公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2527297030","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527297030","pubTimestamp":1744614000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Argo Blockchain said its previously announced financing structure with GEM Mining is no longer progressing but that it is continuing to discuss financing proposals with the privately held institutional-grade Bitcoin miner and other parties.In March, blockchain technology company Argo entered into nonbinding agreement for a convertible loan and to buy GEM for up to $21.7 million.As part of the deal, certain GEM institutional investors would provide Argo with $10 million, consisting of a $7.0 million secured convertible note and $3.0 million equity investment into Argo's blockchain.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARGO":"阿尔戈国际控股集团有限公司","GEM":"Goldman Sachs ActiveBeta Emerging Markets Equity ETF","BK4107":"财产与意外伤害保险"},"translate_title":"Argo Blockchain与GEM Mining的融资结构交易结束","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GEM":1,"ARGO":1},"content_text":"By Najat Kantouar \n\n\n \n\n\n  Argo Blockchain said its previously announced financing structure with GEM Mining is no longer progressing but that it is continuing to discuss financing proposals with the privately held institutional-grade Bitcoin miner and other parties. \n\n\n  In March, blockchain technology company Argo entered into nonbinding agreement for a convertible loan and to buy GEM for up to $21.7 million. \n\n\n   As part of the deal, certain GEM institutional investors would provide Argo with $10 million, consisting of a $7.0 million secured convertible note and $3.0 million equity investment into Argo's blockchain. \n\n\n \n\n\n  Write to Najat Kantouar at najat.kantouar@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 14, 2025 03:00 ET (07:00 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}