Investegate |Argo Blockchain PLC Announcements | Argo Blockchain PLC: Land Purchase / Issue of Consideration Shares
Issue of Consideration Shares Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB), is pleased to provide a further update to its previously announced non-binding Letter of Intent with DPN LLC of New York, which set out the terms for Argo to acquire 320 acres of land in West Texas, USA. The Comp any has now completed the acquisition of DPN LLC and as a result, has acquired the land. The acquisition of DPN LLC (by way of a merger with a wholly owned subsidiary of Argo) gives Argo access to up to 800-megawatts of electrical power, where Argo intends to bu...