ARGO BLOCKCHAIN SELLS TOP MINING FACILITY TO GALAXY DIGITAL FOR $65M

Argo Blockchain sells top mining facility to Galaxy Digital for $65M. Argo increases Bitcoin production despite BTC difficulty growth. Argo Blockchain files for $57.5 million offering of secured notes to fund Texas mining facility. Argo CEO follows resignation trend after mining facility sold to Galaxy Digital. Argo Blockchain secures $25M Bitcoin-backed loan from Galaxy Digital. Argo Blockchain CEO becomes first publicly traded company exec paid in Bitcoin. Argo Blockchain cuts 2022 debt by half, down to $75M. Argo Blockchain is at risk of closing if it fails further financing. Argo Blockchain Sees Mining Revenue Rise Tenfold in 2019. Argo Blockchain said in a, Texas. The deal, which will also see Galaxy host Argo's mining machines located at Helios, Argo Blockchain reduces its total debt by 41 million by selling its flagship Helios mining facility and getting a 35 million loan from Galaxy., Argo Blockchain Plc (NASDAQ: ARBK) subsidiary agreed to sell its Helios facility and real property in Dickens County, Cryptocurrency mining firm Argo Blockchain has taken a difficult decision to sell its flagship mining facility Helios in order to survive the ongoing bear market.Argo Blockchain CEO Peter Wall officially announced on Dec. 28 a deal with Mike Novogratz s crypto investment firm Galaxy Digital to sell, Ltd for 65, Argo Blockchain sells top mining facility to Galaxy Digital for 65M, Cryptocurrency mining firm Argo Blockchain has taken a difficult decision to sell its flagship mining facility Helios in order to survive the ongoing bear market.Argo Blockchain CEO Peter Wall officially announced on Dec. 28 a deal with Mike Novogratz s crypto investment firm Galaxy Digital to sell the Helios facility for 65 million., [ Janu ] Will Bitcoin Halving Put Mining Firm Riot Out of Business? Bitcoin [ Janu ] Survey Reveals Bitcoin Will Drop to 20, which also entails Galaxy hosting Argo s mining equipment situated at Helios, Galaxy intends to utilize Helios as its flagship proprietary mining facility and retain the entire operations team. Galaxy will also begin offering hosting services for third-party bitcoin miners at Helios, 2025 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ( Galaxy or the Company ), One of the many struggling crypto mining companies Argo Blockchain will try to avoid bankruptcy by selling its Helios facility to Mike Novogratz s Galaxy Digital. The deal will be worth 65 million and aims to reduce the firm s overall debts., Argo Blockchain reduces its total debt by 41 million by selling its flagship Helios mining facility and getting a 35 million loan from Galaxy. Cryptocurrency mining firm Argo Blockchain has taken a difficult decision to sell its flagship mining facility Helios in order to survive the ongoing bear market., Argo Blockchain sells top mining facility to Galaxy Digital for 65M; Argo Blockchain sells top mining facility to Galaxy Digital for 65M December 28, Galaxy will provide Argo with a new asset-backed loan in an aggregate principal amount of 35 million ( 29 million) with an initial term of 36 months, State-of-the-Art Facility Will Significantly Expand Galaxy's Mining Capabilities. NEW YORK, Argo Blockchain is set to sell its Helios facility to crypto investment firm Galaxy Digital for 65 million. Nevertheless, 000 by January 2025 Bitcoin, a financial services and investment management innovator in the digital asset, is, Argo Blockchain reduces its total debt by 41 million by selling its flagship Helios mining facility and getting a 35 million loan from Galaxy. Cryptocurrency mining firm Argo Blockchain has taken a difficult decision to sell its flagship mining facility Helios in order to survive the ongoing bear market. Argo Blockchain CEO Peter Wall officially announced on Dec. 28 a deal with Mike, Texas, Bitcoin mining company Argo Blockchain announced it has entered into definitive agreements with Galaxy Digital Holdings that will see the miner sell its Helios facility in Dickens County, Argo Blockchain, Argo Blockchain sells top mining facility to Galaxy Digital for 65M Helen Partz 20 摘要: Argo Blockchain reduces its total debt by 41 million by selling its flagship Helios mining facility and getting a 35 million loan from Galaxy., Argo Blockchain sells top mining facility to Galaxy Digital for 65M Cointelegraph By Helen Partz Uncategorized Decem, 619 Bitmain S19J Pro, creating a new revenue stream for the Company., Dec. 28, a bitcoin mining startup, and blockchain technology sectors, has agreed to acquire the Helios bitcoin mining facility and its related, Cryptocurrency mining firm Argo Blockchain has taken a difficult decision to sell its flagship mining facility Helios in order to survive the ongoing bear market.Argo Blockchain CEO Peter Wall officially announced on Dec. 28 a deal with Mike Novogratz s crypto investment firm Galaxy Digital to sell Helios facility, Argo Blockchain CEO Peter Wall officially announced on Dec. 28 a deal with Mike Novogratz s crypto investment firm Galaxy Digital to sell Helios facility for 65 million. Argo has already been cashing its mined Bitcoin ( BTC ) to reduce the loan to Galaxy., and related assets to Galaxy Digital Holdings, cryptocurrency, Galaxy Digital is set to provide Argo with an additional 35 million equipment finance loan., Cryptocurrency mining agency Argo Blockchain has taken a tough resolution to promote its flagship mining facility Helios so as to survive the continuing bear ma Argo Blockchain sells top mining facility to Galaxy Digital for 65M - Coin Effect, Argo Blockchain reduces its total debt by 41 million by selling its flagship Helios mining facility and getting a 35 million loan from Galaxy Cryptocurrency Mining, using 23, revealed that it has signed binding contracts with Galaxy Digital Holdings under which the miner will sell its Helios Argo Blockchain Sells Its Best Mining Facility To Galaxy Digital For 65M - mailinvest.blog, Cryptocurrency mining firm Argo Blockchain has taken a difficult decision to sell its flagship mining facility Helios in order to survive the ongoing bear market. Argo Blockchain CEO Peter Wall officially announced on Dec. 28 a deal with Mike Novogratz s crypto investment firm Galaxy Digital to sell Helios facility for 65 million., the two firms announced Wednesday. The deal also includes Galaxy acquiring related, is worth 65 million ( 54 million), revealed that it has signed binding contracts with Galaxy Digital Holdings under which the miner will sell its Helios facility in Dickens County, Argo Blockchain reduces its total debt by 41 million by selling its flagship Helios mining facility and getting a 35 Argo Blockchain sells top mining facility to Galaxy Digital for 65M - XBT.Market, Galaxy Digital has agreed to acquire Argo Blockchain s bitcoin mining facility Helios for 65 million, Texas. The arrangement, See full list on argoblockchain.com, Argo Blockchain CEO Peter Wall officially announced on Dec. 28 a deal with Mike Novogratz s crypto investment firm Galaxy Digital to sell the Helios facility for 65 million. Argo has, In addition..