Tech
Bitcoin miner Argo Blockchain will avoid bankruptcy filing after agreeing to sell its Helios mining facility in Texas to Galaxy Digital for $65M and a $35M loan (Aoyon Ashraf/CoinDesk)
Aoyon Ashraf / CoinDesk:
Bitcoin miner Argo Blockchain will avoid filing for bankruptcy after agreeing to sell its Helios mining facility in Texas to Galaxy Digital for $65 million and a $35 million loan— Galaxy will purchase Argo’s Helios facility for $65 million and provide a $35 million loan to help the mining company during its restructuring.
