Argo Blockchain has announced plans to delist from the London Stock Exchange as part of a debt restructuring and recapitalization strategy. The delisting, set for December 9, 2025, will allow Argo to focus on its Nasdaq listing. This move is part of a court-sanctioned process involving creditor and shareholder meetings.
Under the restructuring plan, Growler Mining LLC, Argo's largest creditor, will acquire 87.5% of the company's equity. Bondholders and existing shareholders will receive 10% and 2.5%, respectively. The decision aims to alleviate Argo from U.K. regulatory obligations, following financial challenges due to heavy debt from the 2021 bull market and outdated mining equipment post-2024 Bitcoin halving.
Argo Blockchain to Delist from LSE Amid Debt Restructuring
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