DealsInvestment
London and New York-listed crypto miner Argo Blockchain has struck a new restructuring deal with Growler Mining and secured fresh funding to help steady its finances.
The company has signed an amended restructuring support agreement with the US-based firm, now operating as Growler Mining Tuscaloosa, along with a secured loan and security package.
The deal builds on Argo’s previously announced recapitalisation plan, aimed at reducing debt and securing its future through a court process.
CEO Justin Nolan, who returned to the struggling business in March, said: “When we announced our proposed recapitalization plan on 30 June 2025, I emphasized that the transaction was the culmination of a months-long process designed…