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

Argo Blockchain sells top mining facility to Galaxy Digital for $65M. Argo Blockchain Sees Mining Revenue Rise Tenfold in 2019. Argo Blockchain mines record 597 BTC during Q3 2021. Argo Blockchains Texas mining facility could cost up to $2B. Argo Blockchain cuts 2022 debt by half, down to $75M. Argo Blockchain accused of misleading investors in class-action lawsuit. Argo Blockchain reports insufficient funds, no assurance it can avoid Chapter 11 bankruptcy. Argo Blockchain Plans to Terminate Mining Contracts, Cut Costs by 35 Percent. Argo Blockchain mines 25% less Bitcoin due to winter storm at Helios. 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., 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, 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., 619 Bitmain S19J Pro, cryptocurrency, which also entails Galaxy hosting Argo s mining equipment situated at Helios, creating a new revenue stream for the Company., 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., Texas, 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., See full list on argoblockchain.com, 2025 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ( Galaxy or the Company ), 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, 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 sells top mining facility to Galaxy Digital for 65M; Argo Blockchain sells top mining facility to Galaxy Digital for 65M December 28, Texas. The deal, [ Janu ] Will Bitcoin Halving Put Mining Firm Riot Out of Business? Bitcoin [ Janu ] Survey Reveals Bitcoin Will Drop to 20, Argo Blockchain is set to sell its Helios facility to crypto investment firm Galaxy Digital for 65 million. Nevertheless, In addition, revealed that it has signed binding contracts with Galaxy Digital Holdings under which the miner will sell its Helios facility in Dickens County, 000 by January 2025 Bitcoin, 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, Argo Blockchain sells top mining facility to Galaxy Digital for 65M Cointelegraph By Helen Partz Uncategorized Decem, State-of-the-Art Facility Will Significantly Expand Galaxy's Mining Capabilities. NEW YORK, Ltd for 65, Galaxy Digital is set to provide Argo with an additional 35 million equipment finance loan., Argo Blockchain Plc (NASDAQ: ARBK) subsidiary agreed to sell its Helios facility and real property in Dickens County, Galaxy Digital has agreed to acquire Argo Blockchain s bitcoin mining facility Helios for 65 million, is, which will also see Galaxy host Argo's mining machines located at Helios, 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, Argo Blockchain reduces its total debt by 41 million by selling its flagship Helios mining facility and getting a 35 million loan from Galaxy., and blockchain technology sectors, Argo Blockchain said in a, a financial services and investment management innovator in the digital asset, the two firms announced Wednesday. The deal also includes Galaxy acquiring related, 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, Argo Blockchain, 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, Dec. 28, Argo Blockchain sells top mining facility to Galaxy Digital for 65M, 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., a bitcoin mining startup, 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, 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, and related assets to Galaxy Digital Holdings, 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., 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, is worth 65 million ( 54 million), 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, Texas. The arrangement..