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Argo Blockchain

Argo Blockchain to avoid bankruptcy with $100m from Galaxy Digital

Argo Bitcoin miner acquires $100M from Galaxy Digital to avoid

Argo Blockchain (ARBK) will avoid bankruptcy after agreeing to sell its Helios mining facility in Dickens Country, Texas, to Galaxy Digital (GLXY) for $65 million.

Galaxy Digital Has Agreed To

Galaxy Digital has agreed to acquire Argo Blockchain’s bitcoin mining facility Helios for $65 million, the two firms announced Wednesday. The deal also includes Galaxy

London-based crypto mining firm Argo Blockchain has turned the tide thanks to its latest deal with Mike Novogratz’s crypto investment firm Galaxy Digital. The troubled

Bitcoin miner Argo to avoid bankruptcy with $100M deal from

London

London-based crypto mining firm Argo Blockchain has turned the tide thanks to its latest deal with Mike Novogratz’s crypto investment firm Galaxy Digital. The troubled crypto miner has

Novogratz's Galaxy Digital Invests $100 Million to

Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout

Galaxy Digital

Galaxy Digital's acquisition of the Helios data center has become a strategic asset as AI demand grows, marking a significant pivot from bitcoin mining.

The Bull Case for Galaxy Digital is AI Data Centers Not Bitcoin

Through this, Bitcoin miner Argo hopes to avoid bankruptcy as it would boost its balance sheet. Galaxy Digital would certainly benefit from this deal as Argo intends to