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Argo Blockchain – takes out bitcoin backed loan – where has all the money gone?

By Tom Winnifrith | Tuesday 29 June 2021


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


On 8 March 2021, a couple of weeks after directors dumped millions of pounds worth of shares at 243p, Argo Blockchain (ARB) raised £26.8 million at 200p. So where has all the money gone?

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