Argo Blockchain 提前清算 3500 万美元 Galaxy 贷款

这家加密货币挖矿公司于 2023 年 5 月开始偿还贷款，截至 2024 年 6 月 30 日，余额减少至约 570 万美元。

Publicly-listed cryptocurrency mining company Argo Blockchain (NASDAQ: ARBK, LSE: ARB) has fully repaid its $35 million loan from Galaxy Digital Holdings (NYSE: GLXY) four months ahead of the current schedule and nearly 18 months before the original repayment deadline, the company announced on Monday.

公开上市的加密货币挖矿公司 Argo Blockchain（纳斯达克股票代码：ARBK，伦敦证券交易所股票代码：ARB）已提前 4 个月全额偿还了 Galaxy Digital Holdings（纽约证券交易所代码：GLXY）提供的 3500 万美元贷款，比原定还款期限提前了近 18 个月。该公司周一宣布。

Argo began repaying the loan in May 2023, with the balance reduced to approximately $5.7 million as of June 30, 2024. The company repaid $11.5 million in principal during 2023, with the remaining $23.5 million settled in 2024.

Argo 于 2023 年 5 月开始偿还贷款，截至 2024 年 6 月 30 日，余额减少至约 570 万美元。该公司在 2023 年期间偿还了本金 1,150 万美元，其余 2,350 万美元于 2024 年偿还。

“Successfully repaying $35 million of high-interest rate debt ahead of schedule is a testament to Argo's financial discipline,” said Argo's Chief Executive Officer, Thomas Chippas. “We remain committed to optimizing our capital structure and driving long-term value for our shareholders.”

“提前成功偿还 3500 万美元的高利率债务证明了 Argo 的财务纪律，”Argo 首席执行官托马斯·奇帕斯 (Thomas Chippas) 表示。 “我们仍然致力于优化资本结构并为股东带来长期价值。”

The loan dates back to late 2022, when Mike Novogratz's Galaxy swooped in to save a cryptocurrency miner from bankruptcy during a period when digital assets’ prices were low and mining companies were struggling to achieve profitability. As part of a strategic deal, Argo sold its Texas-based cryptocurrency mine, Helios, for $65 million and benefited from refinancing loans.

这笔贷款可以追溯到 2022 年底，当时数字资产价格较低、矿业公司难以实现盈利，迈克·诺沃格拉茨 (Mike Novogratz) 的 Galaxy 突然介入，拯救了一家加密货币矿商免于破产。作为战略交易的一部分，Argo 以 6500 万美元的价格出售了位于德克萨斯州的加密货币矿 Helios，并从再融资贷款中受益。

The latest news on debt reduction came from March, when the company cut its debt by 60% as part of a new deal worth over $6 million. Now, Argo has managed to fully repay the remaining obligations.

有关债务削减的最新消息来自 3 月份，当时该公司将债务削减了 60%，作为价值超过 600 万美元的新交易的一部分。目前，Argo已成功偿还剩余债务。

The early repayment strategy aligns with Argo's focus on strengthening its balance sheet and reducing financial liabilities. The company utilized a combination of operational cash flow, proceeds from equity raises, and sales of non-core assets to facilitate the repayment without significantly impacting its hash rate.

提前还款策略与 Argo 加强资产负债表和减少金融负债的重点相一致。该公司利用运营现金流、股权融资收益和非核心资产出售的组合来促进还款，而不会显着影响其算力。

This move is expected to yield visible savings in interest expenses. In 2023, Argo incurred $4.6 million in interest on the Galaxy debt, compared to $1.4 million through the repayment date of August 9, 2024.

此举预计将显着节省利息支出。 2023 年，Argo 因银河债务而产生了 460 万美元的利息，而截至 2024 年 8 月 9 日的还款日，利息为 140 万美元。

Reduced Losses but Lower Production

损失减少但产量降低

In the first quarter of 2024, Argo Blockchain reported notable financial improvements. The company's revenue rose to $16.8 million, marking a 4% increase from the previous quarter and a substantial 50% growth from the same period last year. Additionally, Argo significantly reduced its net loss to $3.2 million, achieving a threefold decrease. The mining margin also increased from $5.2 million to $6.4 million, resulting in a gross profit of $1.9 million, a recovery from a loss reported in the first quarter of 2023.

2024 年第一季度，Argo Blockchain 报告财务状况显着改善。该公司营收升至1680万美元，环比增长4%，同比大幅增长50%。此外，Argo 的净亏损大幅减少至 320 万美元，减少了三倍。采矿利润率也从 520 万美元增加到 640 万美元，毛利润为 190 万美元，从 2023 年第一季度报告的亏损中恢复过来。

Despite these financial gains, the company's latest production results reveal a downturn. In its recent monthly report for July, Argo mined only 48 Bitcoins, a decline of over 60% compared to last year's production, albeit a slight improvement from recent months.

尽管取得了这些财务收益，但该公司最新的生产业绩却显示出低迷。在最近的 7 月份月度报告中，Argo 仅开采了 48 个比特币，与去年的产量相比下降了 60% 以上，尽管与最近几个月相比略有改善。

In a separate development towards the end of the last month, Argo announced a private placement agreement with an institutional investor, involving the issuance of 57,800,000 ordinary shares at £0.1125 each on the LSE. This agreement also includes warrants for an additional 57,800,000 shares at the same price, bolstering the company's financial position amidst fluctuating production outcomes.

在上月底的另一项进展中，Argo 宣布与一家机构投资者达成私募协议，涉及在伦敦证券交易所以每股 0.1125 英镑的价格发行 57,800,000 股普通股。该协议还包括以相同价格额外购买 57,800,000 股的认股权证，从而在生产结果波动的情况下增强公司的财务状况。