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Publicly-listed Bitcoin (BTC) mining company Argo Blockchain saw a significant drop in mining activity in December 2022 due to a winter storm in Texas.On Jan. 11, Argo released its first operational update since selling its flagship mining facility Helios to Mike Novogratz’s Galaxy Digital. The company said it mined 147
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Galaxy Digital Holdings CEO Mike Novogratz has called the Helios mining deal a “transformative acquisition” for the firm as it works to increase its exposure to the Bitcoin mining sector. The crypto investment firm’s $65 million acquisition of Argo Blockchain’s flagship mining facility was announced on Dec. 28 as part
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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
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Troubled crypto miner Argo is set to sell Helios to Galaxy Digital for a much-needed $65 million as insolvency looms.Argo Blockchain has reportedly agreed to sell its Helios mining facility to digital asset and blockchain-centric company Galaxy Digital. Argo will sell the Helios mining plant to Galaxy Digital for $65 million
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Helios Towers Raises about $364 million in its Initial Public Offering which has been low-key due to choppy market conditions.Helios Towers which is one of the key operators of towers for several mobile networks across Africa has successfully raised about 288 million pounds (or $364 million) in an initial public
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