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

Argo Blockchain, a U.K.-based bitcoin mining company, has signed a $100 million deal with Galaxy Digital, a digital asset merchant bank, that could avert the mining firm’s potential bankruptcy. The deal was announced this week and will see Argo receive $18.1 million in cash and over $81.5 million in Galaxy Digital shares. The shares will… Continue reading Bitcoin miner Argo to avoid bankruptcy with $100M deal from Galaxy Digital

Exit mobile version