Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ: ARBKL) are senior secured obligations of Argo Blockchain plc, a United Kingdom–incorporated digital asset mining company. These notes carry an 8.75% annual interest rate and mature in 2026. They are backed by the issuer’s cryptocurrency mining equipment and related collateral, providing noteholders with a security interest in the company’s digital asset mining infrastructure.
Argo Blockchain plc specializes in Proof-of-Work blockchain validation, primarily focusing on Bitcoin mining. The company designs, develops and operates large-scale, energy-efficient data centers located in Quebec, Canada, and West Texas, USA. By leveraging low-cost hydroelectric power in Quebec and wind-powered energy sources in Texas, Argo aims to optimize operational efficiency while minimizing its environmental footprint. In addition to its core mining activities, the company offers hosting and mining-as-a-service solutions that cater to institutional clients seeking exposure to digital asset generation without direct equipment ownership.
Founded in 2017 and headquartered in London, England, Argo Blockchain plc was co-founded by CEO Peter Wall and has grown into a publicly traded entity on the London Stock Exchange (ticker ARB) and on the NASDAQ via its debt securities. Since inception, the company has expanded its North American footprint, securing long-term power agreements and advancing modular data center deployments. Leadership emphasizes scaling mining capacity while adhering to best practices in corporate governance and sustainability reporting.
Proceeds from the 8.75% Senior Notes due 2026 are intended to support Argo’s continued expansion, including the construction of additional mining facilities, the procurement of next-generation mining hardware, and general corporate purposes. By raising capital through these notes, Argo aims to accelerate the build-out of its infrastructure and enhance its ability to capitalize on the evolving cryptocurrency mining market.
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