Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas
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After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is selling its Helios facility to Galaxy Digital for $65 million, and the financially troubled business plans to refinance asset-backed loans with a new $35 million loan that stems from Galaxy. Galaxy Digital Purchases Texas Data Center From Argo Blockchain, Company Hopes Transactions Will ‘Enable the Company to Continue Operations’ Galaxy Digital is giving Argo Blockchain (Nasdaq: ARBK) some fresh
Galaxy Digital CEO and billionaire Mike Novogratz says he doesn’t think the crypto markets will bounce back any time soon. In the 2022 Galaxy Digital Q1 investor call, the CEO of the investment... [[ This is a content summary only. Visit my website for full links, other content, and more!…
Galaxy Digital, the Nasdaq-listed crypto investment firm, has become the first public company to tokenize its SEC-registered equity shares directly on a major blockchain. Starting today, shareholders of Galaxy can move their GLXY stock onto the blockchain through Opening Bell, a platform developed by Superstate. This milestone sets a new…